China's rare earth curbs threaten India's festive auto sales
India's auto industry faces potential festive season disruption as China's export curbs on rare earth magnets tighten supply. Dealers warn of thinning inventory, with two-wheeler and EV segments most at risk. Mandatory end-use certification and shipment delays are straining Tier-1 suppliers and OEMs, prompting calls for domestic sourcing and critical mineral recycling strategies.