Davinder Sandhu, Co-Founder and Chairperson, Primus Partners, shares his view on India’s rare earth magnet opportunity. He highlighted that India, despite having the fifth-largest rare earth reserves, accounts for less than 1% of global magnet production. He stressed that the ₹34,300 crore outlay under the Critical Minerals Mission is a strong start, but cautioned that India cannot afford to remain resource-rich and capacity-poor. He further added that while China spent decades building dominance in this sector, India does not have that luxury. He emphasized the need for bold investments in technology, fast-tracked clearances, and strong industry–research partnerships to scale extraction, processing, and recycling.