India’s latest Budget reflects a strong commitment to clean energy transition, with key announcements aimed at bolstering the renewable energy sector. According to Dr. Divya Sharma, India Executive Director at Climate Group, the Budget “gives a clear indication that India is taking the clean energy transition seriously.”
A major highlight of the Budget is the establishment of a National Manufacturing Mission to support locally made clean technology, a move expected to accelerate the growth of India’s renewable energy industry. The initiative aligns with the country’s ambitious climate goals, reinforcing efforts to reduce dependence on fossil fuels and scale up domestic green manufacturing.
India has been steadily expanding its renewables infrastructure, aiming to position itself as a global leader in clean energy. However, Dr. Sharma emphasizes that tackling climate change requires a broader set of policies beyond renewable energy expansion. “Responding to climate change will need a wider set of policy choices, ranging from decarbonisation of heavy industries to adaptation,” she stated.
The call for an integrated climate vision suggests the need for a holistic approach, ensuring future Budgets reflect comprehensive strategies for emissions reduction, industrial decarbonisation, and climate resilience. Experts believe that alongside clean energy investments, the government must focus on long-term sustainability policies to combat climate risks effectively.
With global attention on India’s climate leadership, the Budget’s clean energy push marks a crucial step forward. However, as the country aims for net-zero goals, a multi-pronged strategy involving clean technology, industrial transformation, and adaptation measures will be essential for a sustainable and resilient future.