2026-02-03 03:09:21 pm | Source: SBL Energy Limited
Post-Budget Quote on Mining/Rare Earth Corridor from Sanjay Choudhari, Chairman, SBL Energy Limited
Below the Quote on Mining/Rare Earth Corridor from Sanjay Choudhari, Chairman, SBL Energy Limited
"The Union Budget 2026-2027 points to a clear strategic response to the growing global trade tensions and supply-chain vulnerabilities. By establishing dedicated rare earth corridors across mineral-rich states and supporting downstream processing, research, and manufacturing, the government is addressing one of India’s most critical dependencies – access to strategic materials dominated by global monopolies. This initiative not only strengthens domestic capabilities but also provides a significant boost to the mining sector, incentivising exploration, commercial-scale extraction, and integration with downstream industries.
Apart from this, the parallel push to strengthen manufacturing across priority sectors, including the creation of dedicated chemical parks, reflects a shift from fragmented capacity to integrated industrial ecosystems. To sum it all up, these measures reduce import dependence, build supply-chain resilience, and position India as a more reliable and competitive player in global manufacturing networks."
Above views are of the author and not of the website kindly read disclaimer
Disclaimer:
The content of this article is for informational purposes only and should not be considered financial or
investment advice. Investments in financial markets are subject to market risks, and past performance is
not indicative of future results. Readers are strongly advised to consult a licensed financial expert or
advisor for tailored advice before making any investment decisions. The data and information presented
in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the
content of this article for any current or future financial references.
To Read Complete Disclaimer Click Here
Latest News
India`s white-collar job market ends this fiscal str...
Corporate, Economic & Global Updates 07th April 2026...
India`s credit card spends grow 6 pc in February
Nifty witnessed a volatile session on Monday but end...
Indian Railways approves Rs 1,364 crore to expand Ka...
Daily Derivative Report - 07th April 2026 by Religar...
Over 18 crore LPG cylinders delivered since March 1,...
Nifty weekly OI peaks at 24000 CE and 22000 PE; mont...
Stocks struggle, oil jumps as Trump`s Iran deadline ...
The large upside aligns with steeper 24400 objective...
More News
Quote on Post Budget By Churchil Bhatt, Executive Vice President- Investment, Kotak Mahindra...
Quote on Budget 2026 Reaction by Mr Rohit Garg, Founder & CEO, Olyv
Quote on Union Budget 2026 by Kiran Chonkar, Partner - Corporate Finance & Investment Banking, Deal Advisory, BDO India
Quote on Union Budget 2026: Reform tilt with fiscal caution By Namrata Mittal, CFA, Chief Economist, SBI Mutual Fund