<ul><li>Commerce and Industry Minister Piyush Goyal views China's export ban on rare earth as a global 'wake-up call'.</li><li>India is actively working on building alternative supply chains and positioning itself as a trusted partner amidst China's export restrictions.</li><li>Short-term challenges are expected for India's automotive and white goods sectors due to China's export curbs on permanent magnet supplies.</li><li>Goyal emphasizes the importance of collaborative efforts between the government, industry, and innovators to overcome challenges and create long-term opportunities.</li></ul>

'Wake-up call': Piyush Goyal says India is building alternative supply chain for rare earth amid China's curbs

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