Building India's Next-Generation Rare Earth Permanent Magnet Ecosystem

1    About Us

Building Strategic Manufacturing Capability



NEO DHATU is an advanced materials and manufacturing company focused on establishing an integrated rare earth permanent magnet ecosystem in India.

Our vision is to create globally competitive manufacturing capabilities that support the evolving needs of industries driving the energy transition and the future of technology.

By bringing together expertise in materials science, engineering, manufacturing, and innovation, we seek to contribute to a stronger and more resilient industrial foundation for India.


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“ India's next era of growth will be powered by electric mobility, renewable energy, advanced manufacturing, and strategic technologies. At the heart of this transformation are rare earth permanent magnets—critical components that enable modern industry.

We are developing India’s integrated rare earth permanent magnet manufacturing ecosystem. By building capabilities across the value chain, we are strengthening domestic supply chains, support technological self-reliance, and contribute to a resilient industrial future. ”

Vishal Agarwal, Managing Director and CEO

2    Products & Technology

Transforming Oxide to Magnet



At NEO DHATU, we are building integrated capabilities across the rare earth permanent magnet value chain, combining advanced metallurgy, precision manufacturing, and rigorous quality systems to produce high-performance sintered NdFeB (Neodymium-Iron-Boron) magnets.

Our NdFeB magnets offer the highest magnetic energy density of any commercially available permanent magnet, enabling smaller, lighter, and more energy-efficient systems.

Quality is embedded at every stage of the manufacturing process. From rare earth material selection and alloy preparation to sintering, machining, coating, and final magnetization, each step is monitored through stringent quality controls, process traceability, and comprehensive performance testing. This disciplined approach ensures consistent magnetic properties, dimensional accuracy, reliability, and long-term performance across demanding applications.

Our Core Technonologies include:
  • Vacuum melting and strip casting
  • Powder metallurgy
  • Magnetic field alignment
  • Cold isostatic pressing (CIP)
  • Vacuum sintering and annealing
  • Precision machining and grinding
  • Advanced corrosion protection systems
  • Comprehensive testing and quality assurance


Applications of NdFeB magnets include:
  • Electric Mobility: High-efficiency traction motors and e-mobility systems
  • Renewable Energy: Wind turbine generators and clean energy technologies
  • Industrial Automation: Robotics, automation systems, and advanced manufacturing equipment
  • Consumer Electronics: Compact, high-performance electronic devices
  • Aerospace & Defence: Mission-critical systems requiring precision, reliability, and durability


Rare Earth Processing Alloy Production Strip Casting Hydrogen Decrepitation Jet Milling Magnetic Alignment Cold Isostatic Pressing Sintering Annealing Precision Machining Surface Coating Magnetization & Testing

      3    Sustainability

      Engineering the Future with Responsibility



      Rare earth permanent magnets are essential to the technologies shaping a more sustainable world—from electric mobility and renewable energy to high-efficiency industrial systems. As demand for these critical materials grows, so does the responsibility to manufacture them thoughtfully.

      NEO DHATU is committed to building a resource-efficient rare earth magnet ecosystem through responsible sourcing, process optimization, material recovery, and continuous innovation. By embedding sustainability throughout the value chain, we seek to strengthen supply chain resilience, reduce environmental impact, and enable the technologies accelerating the global energy transition.

      4    Leadership



      Our leadership team brings together decades of experience across manufacturing, technology, and innovation to help shape the future of India's strategic materials industry.

      Join us in building what’s next.
      Explore Careers

      Mr. Vishal Agarwal

      Managing Director and CEO

      Vishal Agarwal is a second-generation industrial entrepreneur with over three decades of experience spanning metals, steel, commodities, and industrial supply chains. He founded Mohan Fabtex Limited in 2006 and has established the company as a trusted partner to some of India's leading industrial and manufacturing enterprises. Over the course of his career, he has built enduring relationships with major corporates including Reliance Industries, Welspun Corp, Welspun Steel, Maharashtra Seamless, and Mahindra Sanyo Special Steel. He is part of a business family that has maintained a strategic association with Reliance Industries for over four decades through one of India's largest polyester fibre distribution networks, generating annual revenues in excess of ₹3,000 crore. He brings deep expertise in industrial sourcing, commodity markets, procurement, and supply chain management, supported by an extensive network across the steel, infrastructure, and manufacturing sectors.

      Mr. Naishadh Sambrani

      Director

      Founder and General Partner of Emerald Water Capital, a private equity firm focused on scaling lower middle market B2B services businesses in the U.S. Brings direct investing, transaction, and operating diligence experience across private equity, investment banking, and strategy consulting. At Orion Group, a $1bn+ AUM services-focused private equity platform backed by Alpine Investors, invested in and helped grow 40+ lower middle market B2B services businesses, including facility services, commercial trades, and other recurring parts-and-labor models. At PJT Partners, the investment bank spun off from Blackstone, advised on $5bn+ of M&A and financing transactions across services, infrastructure, and technology, including $1bn+ of capital raised. At EY-Parthenon, supported operational and IT diligence and transformation efforts for middle market companies. MBA from the University of Chicago Booth School of Business and B.S. in Operations and Industrial Engineering from the University of Illinois at Urbana-Champaign.

      5    Technical Advisory Board



      Bringing together leading minds across materials science, manufacturing, technology, and industry to shape the industry’s future.

      Dr. Vijay Kumar Saraswat


      Dr. Vijay Kumar Saraswat is Honorary Chairman of the Technical Advisory Board. He is India’s most eminent defence scientist-administrator with over four decades of leadership across defence research, strategic technology development, and national science policy. He spearheaded indigenous development of missile systems PRITHVI, DHANUSH, PRAHAR, AGNI-V and interceptor missiles for ballistic missile defence and set up national missile defence infrastructure. His expertise extends beyond missiles to building key nuclear arsenal infrastructure. In the aeronautical field, he steered LCA TEJAS to IAF induction while leading AMCA production planning. Post-DRDO, as Member S&T at NITI Aayog for more than a decade, he drove national policy on critical and emerging technologies namely Artificial Intelligence, Quantum Technology, Cyber Physical Systems, Small Modular Nuclear Reactors and technologies for Energy Security with focus on advanced materials, strategic supply chains and sustainable development. A recipient of the Padma Shri, Padma Bhushan, and numerous other awards, and a Fellow of INAE, INSA, and other leading scientific bodies, he currently serves as Chancellor of Graphic Era University; Chairman of Quantum Ecosystems and Technology Council of India and Prof. CR Rao AIMSCS, Hyderabad and mentors at IIT Hyderabad and IIT Roorkee. Beyond his scientific career, he has held numerous leadership roles including serving as Member of the Prime Minister’s Science, Technology & Innovation Committee; Chancellor of JNU; Chairman of CSIR’s Research Council and its constituent laboratories; President of TIFAC and Sree Chitra Tirunal Institute for Medical Sciences & Technology, Trivandrum. He also chaired the Research Councils of IOCL, NTPC, and BHEL, among other government institutions. In recognition of his contributions to science and technology research, more than 25 Indian universities have conferred Honoris Causa doctorates upon him.

      Dr. S. C. Chetal


      Dr. S.C. Chetal served the Department of Atomic Energy at Indira Gandhi Centre for Atomic Research for about 42 years and from where he superannuated as Director of the Centre in January 2013. Has made outstanding contributions to indigenous 500MW Prototype Fast Breeder Reactor. Was subsequently Mission Director of 800MW R&D project on Advanced Ultra Supercritical, and senior Adviser R&D in BHEL. Has rare expertise in design and materials technology

      Dr. Sanjay Kumar Jha


      Dr. Sanjay Kumar Jha as Chairman & Managing Director of MIDHANI, a premier Public Sector Enterprise in advanced materials and alloys, hscaled both production capacity and technological depth, enabling the organization to meet the exacting material requirements of India's most critical strategic programs: ISRO's launch vehicles (PSLV, GSLV, Gaganyaan), the Tejas fighter aircraft, Kaveri and Small Turbofan engines, AKASH and ASTRA missile systems, nuclear power reactors, and Advanced Ultra-Supercritical thermal power plants. On the technology frontier, he spearheaded advances in the melting of rare earth alloys, superalloys, and titanium alloys, and has been actively associated with startups and R&D facilities engaged in the production of NdFeB alloys for EV, wind energy, electronics, and other high tech. industries. A respected voice in India's scientific community, Dr. Jha has led several professional bodies including the Indian Institute of Metals, the Indian Non-Destructive Testing Society, and as President of the Magnetics Society of India, under whose leadership numerous national technical programmes were conducted.

      Dr. Neeraj Sinha


      Dr. Neeraj Sinha (Hon. Member) superannuated after over 36 years of service in the Government of India. Was Adviser/ Joint Secretary, Office of the Principal Scientific Adviser to the Government of India (PSA’s Office) wherein he was involved in the indigenous development and deployment of cutting-edge technologies for nation building and has played key roles in Niti Ayog and Ministry of New and Renewable Energy. 


      NEODHATU

      Rare Earth Permanent Magnet Solutions