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Home Manufacturing

Manufacture: Odisha gets Rare Earth Corridor

Fiinews by Fiinews
February 12, 2026
in Manufacturing
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Dr Singh discusses prospects with Odisha Minister Patra.

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Bio-E3 Cell proposed in the state

Eastern Coastal Region figures as a prominent part of the current Budget’s Nuclear and Marine roadmap, with the State of Odisha getting one of the four Rare Earth Corridors announced across the country, said the Minister of State for Science and Technology Dr Jitendra Singh https://www.commerce.gov.in/.

These opportunities and options, also enabling provisions for deep sea fishing, are going to be a game-changer, he said during a meeting on 10 Feb with Odisha’s Science & Technology Minister Krushna Chandra Patra.

Dr Singh laid out a comprehensive roadmap centred on the Eastern Coastal region, Deep Ocean Mission, rare earth and nuclear resource expansion, fisheries reforms in the Exclusive Economic Zone (EEZ), and the proposed Bio-E3 Cell and DBT centre for Odisha.

He conveyed that Odisha will occupy a central place in the evolving eastern coastal strategy, which integrates marine resources, mineral corridors, nuclear and space infrastructure, and life sciences research into a unified development framework https://www.bseindia.com/.

He stated that for the first time, ocean resources are being systematically harnessed through coordinated institutional efforts, with central institutes working closely with the State government to execute ocean-related programmes.

The discussion covered implementation of the Deep Ocean Mission and enabling policy support for deep sea fishing within India’s Exclusive Economic Zone, creating new economic avenues for coastal communities in Odisha. Provisions relating to fisheries and regulatory reforms were also part of the deliberations.

On critical and rare earth minerals, both sides reviewed the potential of developing a rare earth corridor in the eastern region. Expansion of nuclear mineral exploration beyond traditionally concentrated southern states was discussed in this context, opening fresh opportunities for Odisha.

Dr Singh said that Odisha stands to benefit substantially from current budgetary allocations and national initiatives. With a space centre already operational in the state and prominent life sciences institutions in place, enhanced collaboration is expected to accelerate research and innovation outcomes https://www.nseindia.com/.

A proposal for establishing a Bio-E3 Cell in Odisha was also taken up. Plans for setting up a new Department of Biotechnology (DBT) centre in the state were discussed, with the Odisha government facilitating land for the same https://sbi.com.in/.

Both leaders agreed to maintain close coordination to ensure timely execution of projects across ocean science, atomic minerals, space research and biotechnology, positioning Odisha as a key pillar in India’s science-led growth strategy, the Ministry of Science and Technology said. fiinews.com

Tags: Ministry of Science and Technology
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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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