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Rare-Earth Revolution: Budget Backs Corridors in Mineral-Rich Southern and Eastern States
On February 1, 2026, at 11:23 AM IST, Finance Minister Nirmala Sitharaman announced plans to support Odisha, Kerala, Andhra Pradesh, and Tamil Nadu in developing rare-earth corridors. The initiative aims to strengthen India’s supply chain resilience, boost high-tech manufacturing, and reduce dependence on imports for critical minerals vital to defense and electronics.
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