China’s biggest blow to India – 21 thousand people’s jobs in danger in Noida, companies sent ‘SOS’

India’s oldest electronics industry organization ELCINA (Electronic Industries Association of India) has sent an ‘urgent SOS’ to the central government. In this, deep concern has been expressed about the new restrictions imposed by China on the export of rare earth metals. The organization says that due to these restrictions, more than 21000 jobs in India’s audio electronics industry are at risk.

What is the matter

China has implemented a strict licensing policy on the export of rare earth elements like Terbium and Dysprosium from April 2025.

These metals are used to make NdFeB (Neodymium-Iron-Boron) magnets, which are used in hearables and wearables like headphones, earbuds and smart speakers.

Most of the audio devices in India depend on these high-performance magnets.