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Rare earth supply crunch: Over 21,000 jobs in India’s audio electronics sector at risk due to China curbs, says Elcina report
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China's restrictions on rare earth metal exports threaten over 21,000 Indian audio electronics jobs. Elcina reports disruptions to supply chains, impacting hearables and wearables. Manufacturers are importing finished goods. They are moving away from local component production. Elcina urges government intervention through talks with China. They also want to boost domestic manufacturing.
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