Why Budget 2026 is betting big on rare earth metals (and what that means for India)
India is establishing "rare earth corridors" in four coastal states to harness vital minerals for electric vehicles, wind turbines, and smartphones. This strategic move, announced in Budget 2026, aims to boost domestic mining, processing, and manufacturing, reducing reliance on global suppliers, particularly China, and capturing greater economic value.
India is establishing "rare earth corridors" in four coastal states to harness vital minerals for electric vehicles, wind turbines, and smartphones. This strategic move, announced in Budget 2026, aims to boost domestic mining, processing, and manufacturing, reducing reliance on global suppliers, particularly China, and capturing greater economic value.
