Andhra Pradesh Allocates Land for Rs 20,000 Crore Rare Earth Project

✍️ Business Standard 🗓 29 Jun 2026, 08:02 PM 👁 1

The Andhra Pradesh government is preparing to allocate land for a significant rare-earth development scheme, valued at ₹20,000 crore. This initiative is expected to boost the state's industrial landscape.

The state of Andhra Pradesh is nearing a decision to allocate land for a substantial rare-earth project, representing an investment of ₹20,000 crore. This move signifies a major step towards developing the state's capabilities in rare-earth mineral processing and utilization.

The project aims to leverage Andhra Pradesh's potential in rare-earth resources. Details regarding the specific location and the entities involved in this large-scale scheme are anticipated to be announced soon.

This significant investment is poised to contribute to the region's economic growth and enhance its position in the strategic minerals sector.