India’s Rare Earth Corridors: Integrating Strategic Manufacturing, Environmental Stewardship, and Long-Term National Resilience
T he Union Budget 2026–27 marked a decisive turning point in India’s critical minerals policy with the announcement of Dedicated Rare Earth Corridors in Odisha, Kerala, Andhra Pradesh, and Tamil Nadu , supported by the ₹7,280 crore Rare Earth Permanent Magnet (REPM) Manufacturing Scheme approved in November 2025. Together, these initiatives reflect a strategic reorientation in how India perceives rare earth elements, not merely as industrial inputs, but as national assets central to economic resilience, energy transition, technological sovereignty, and defence preparedness. Rare earth permanent magnets are indispensable to electric vehicles, wind turbines, consumer electronics, aerospace systems, and advanced defence equipment. Yet between 2022 and 2025, India sourced approximately 60–80 per cent of its permanent magnets by value and 85–90 per cent by quantity from China. In a global environment increasingly characterised by geopolitical rivalry, export controls, and supply-chain we...