India and Russia are collaborating to develop technologies for producing rare-earth magnets.
This collaboration includes agreements for research and development with private sector partners.
The partnership aims to enhance local production and reduce dependency on imports.

India

country in South Asia

Russia

sovereign state in Eastern Europe and Northern Asia

New Delhi

capital city of India

Moscow

capital and most populous city of Russia

Rosatom

Russian state corporation (a non-profit entity type) established in 2007

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