Government Announces Rare Earth Corridors in Four States

Union Budget 2026-27 announces dedicated Rare Earth Corridors in Odisha, Kerala, Andhra Pradesh, and Tamil Nadu to boost domestic supply chains.
A Joint Working Group is being formed to create guidelines for establishing these integrated mining, processing, and manufacturing corridors.
The initiative aims to reduce import reliance and build a domestic ecosystem for strategic sectors like EVs, renewables, and defence.
The policy aligns with national goals of Atmanirbhar Bharat, Net Zero 2070, and Viksit Bharat 2047.