As the world shifts towards electric vehicles (EVs), a quiet revolution is underway in India's ferrite industry. With China's supply of ferrite, a key component in EV motors and power electronics, facing concerns due to trade tensions and supply chain disruptions, Indian manufacturers are capitalizing on the opportunity to fill the gap. Indian ferrite producers are ramping up production to meet the growing demand from EV manufacturers, both domestic and international, as the country aims to become a major player in the global EV supply chain. The move is expected to boost India's manufacturing sector and create new job opportunities in the region.
Indian Ferrite Industry Rides EV Demand Amid China Supply Concerns EE Times
