India spends 580 million US dollars to replace China's position in rare earths, and also threatens neighboring countries to cooperate
It is said that the current world is a big India, the original India, and even more confident. Recently, Modi's government is formulating a long-term plan, which will invest 50 billion rupees to solve the production problem of rare earth magnets.
According to Indian media reports, five Indian companies are negotiating with the government and plan to start soon. If everything goes smoothly, India will replace China's core position in the rare earth industry chain.
At that time, not only will India not have to beg to buy Chinese rare earth magnets, but also European and American countries will come to buy from India, so India can make a lot of money and build a strong and prosperous country.
How absurd is this plan? Let's not talk about how to implement these technical details for now. Just say that the investment of 50 billion rupees is equivalent to 580 million US dollars. To put it bluntly, it may not even be enough to build an industrial park. In Modi's view, producing rare earth magnets is a very simple thing, and this amount of money is completely sufficient.
Then we can't help but ask, if less than 600 million US dollars can replace China in the rare earth industry, why don't wealthier European and American countries do it themselves and wait for India to do it? According to some Indian experts, we have many advantages. In addition to large rare earth output, we also have more international support. What kind of international support is that? Indian Foreign Minister Sujan explained that every neighboring country understands that they must cooperate with India, and if they don't cooperate with India, they will pay a price.
Well, since India has already spoken so clearly, we can only respect and wish. We hope India's great "rare earth replacement plan" won't end up like the "Make in India" plan a few years ago, which was abandoned halfway because it couldn't be completed.
Original: https://www.toutiao.com/article/1835689456385098/
Statement: This article represents the views of the author.