Entellus Industries has raised ₹500 million from Zerow to scale rare earth metals and alloy manufacturing in India. The investment will accelerate domestic production capabilities, reduce import dependence, and support India’s strategic push in advanced materials critical for electric vehicles, renewable energy, and defense applications.
Entellus Industries Ltd announced that it has successfully secured ₹500 million in funding from Zerow, aimed at scaling rare earth metals and alloy manufacturing within India. This strategic investment comes at a crucial time when global supply chains are tightening, and India is seeking to strengthen its self-reliance in critical materials.
Rare earth metals are vital for industries ranging from electric vehicles and renewable energy to electronics and defense. By expanding domestic production, Entellus aims to reduce India’s dependence on imports, particularly from China, and position itself as a key supplier in the global rare earth ecosystem.
The funding will be deployed towards capacity expansion, advanced technology adoption, and building sustainable supply chains to meet rising demand.
Key Highlights:
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Funding Secured: ₹500 million from Zerow.
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Objective: Scale rare earth metals and alloy manufacturing in India.
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Strategic Importance: Supports EVs, renewable energy, electronics, and defense sectors.
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Impact: Reduces import dependence, strengthens India’s self-reliance.
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Future Outlook: Capacity expansion and technology-driven growth to meet global demand.
Entellus Industries’ move aligns with India’s broader industrial and strategic goals, marking a significant step in building resilience in critical materials.
Sources: Business Standard, Moneycontrol, Economic Times