- India extended the REPM tender submission deadline to June 29, 2026.
- The Rs 7,280 crore scheme targets 6,000 MTPA rare earth magnet manufacturing capacity.
The India REPM tender deadline extension has been announced by the Ministry of Heavy Industries after multiple stakeholders requested additional time to participate in the global tender process. The ministry confirmed that the revised bid submission deadline has now been moved to June 29, 2026, replacing the earlier schedule of May 28, 2026. Technical bid opening dates have also been revised and will now take place on June 30, 2026. The extension is expected to encourage broader participation from manufacturers interested in developing integrated rare earth permanent magnet manufacturing facilities within the country.
According to the ministry, responses to bidder queries will now be issued on June 9, 2026. Officials also confirmed that an addendum containing the revised schedule has already been uploaded to the Central Public Procurement Portal for stakeholder reference. The global tender was initially issued on March 20, 2026, under the Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet (REPM). The objective of the initiative is to identify beneficiary manufacturers capable of establishing integrated manufacturing infrastructure for rare earth permanent magnets across India.
Revised Timeline Under REPM Tender Scheme
The revised dates issued by the ministry reflect the updated bidding and evaluation schedule for stakeholders participating in the REPM scheme.
| Activity | Earlier Date | Revised Date |
|---|---|---|
| Bid Submission Deadline | May 28, 2026 | June 29, 2026 |
| Technical Bid Opening | May 29, 2026 | June 30, 2026 |
| Bidder Query Response | Earlier Schedule | June 9, 2026 |
Government Targets Domestic Rare Earth Magnet Ecosystem
The REPM scheme received approval from the Union Cabinet on November 26, 2025, with a total financial allocation of Rs 7,280 crore. The initiative aims to establish an integrated rare earth permanent magnet manufacturing capacity of 6,000 metric tonnes per annum in India. Authorities believe the scheme will strengthen domestic manufacturing capabilities while reducing dependence on imported rare earth magnet components used across strategic industries and high-efficiency mobility applications.
The government has positioned the initiative as a long-term industrial development program intended to create a complete domestic value chain. The proposed ecosystem includes processing of Neodymium-Praseodymium oxide and downstream production of finished rare earth permanent magnets. Officials stated that strengthening local manufacturing infrastructure could help India improve supply chain resilience and emerge as a significant participant in the global rare earth permanent magnet market.
Importance of Rare Earth Permanent Magnets Across Industries
Rare earth permanent magnets are considered critical components for multiple advanced technology sectors because of their high magnetic strength and efficiency characteristics. These magnets are widely used in electric vehicles, wind turbines, aerospace systems, defence equipment and consumer electronics. Their role in high-efficiency motors makes them essential for electrification and advanced propulsion technologies being adopted across global industries.
The ministry highlighted that the REPM scheme is expected to support the creation of an integrated manufacturing base ranging from raw material processing to finished magnet production. By developing local capability for NdPr oxide processing and advanced magnet manufacturing, India aims to reduce supply chain risks while supporting future demand from clean mobility, renewable energy and strategic technology sectors.
Frequently Asked Questions
Why did the Ministry of Heavy Industries extend the REPM tender deadline?
The Ministry of Heavy Industries extended the REPM tender deadline after several stakeholders requested more time to participate in the global bidding process. The revised deadline is intended to encourage wider industry participation and improve competitive response quality. The bid submission deadline has now been moved to June 29, 2026, while technical bids will open on June 30, 2026. The ministry also updated the bidder query response timeline and published the revised schedule through an official addendum on the Central Public Procurement Portal.
What is the objective of India’s REPM manufacturing scheme?
The REPM manufacturing scheme aims to establish an integrated domestic rare earth permanent magnet manufacturing ecosystem in India. Backed by a financial outlay of Rs 7,280 crore, the initiative targets 6,000 metric tonnes per annum of manufacturing capacity. The program seeks to reduce import dependence and strengthen local supply chains for critical components used in electric vehicles, renewable energy systems, aerospace, defence and consumer electronics. The scheme also supports development of the complete value chain from NdPr oxide processing to finished magnet production.
Click above to visit the official source.