Budget 2026: Odisha, T.N., Andhra, Kerala to get dedicated rare earth corridors to promote research and mining

In a strategic initiative to bolster domestic capabilities in the rare earth minerals sector, the Indian government has announced the establishment of dedicated rare earth corridors in Odisha, Tamil Nadu, Andhra Pradesh, and Kerala. This measure aims to enhance research and mining activities within these states, thereby reducing the nation's heavy reliance on China for these critical resources. The announcement is particularly timely as Tamil Nadu and Kerala prepare for Assembly elections in 2026, highlighting the government's commitment to regional development and resource independence. Rare earth minerals are essential for various high-tech industries, including electronics, renewable energy, and defense, making this initiative crucial for India's technological advancement and economic resilience. By investing in local infrastructure and research capabilities, the government hopes to foster a self-sufficient ecosystem that can meet the growing demand for these minerals in both domestic and international markets. This move is expected to not only strengthen the country's mineral resource management but also create employment opportunities and drive economic growth in the involved states.