India Launches Cleantech Manufacturing Initiative

On Friday, Union Minister of Commerce and Industry, Shri Piyush Goyal, introduced the Bharat Cleantech Manufacturing Platform at the Bharat Climate Forum 2025 in New Delhi. This initiative aims to strengthen India’s cleantech value chains, particularly in solar, wind, hydrogen, and battery storage sectors. The launch signifies a pivotal step towards enhancing India’s position in the global clean energy landscape.

The Need for Self-Sustaining Clean Energy

During his address, Shri Goyal emphasized the importance of moving beyond government support in the clean energy sector. He pointed out that while Product Linked Incentives (PLIs) and subsidies can provide initial momentum, they are not sustainable for long-term growth. The minister stressed that the cleantech sector must evolve into a self-sustaining industry. He urged stakeholders to innovate and scale up manufacturing within the country.

The call for independence from government support is crucial. It encourages companies to develop their capabilities and reduce reliance on external funding. This shift is essential for fostering a robust and resilient clean energy sector. By becoming self-sufficient, Indian firms can better navigate market fluctuations and global competition. The minister’s vision is clear: the cleantech sector must thrive on its own merits, driven by innovation and efficiency.

Collaborative Opportunities for Innovation

The Bharat Cleantech Manufacturing Platform is designed to facilitate collaboration among Indian firms. Shri Goyal highlighted that this platform will serve as a hub for co-innovation, financing, and resource sharing. By bringing together various stakeholders, the initiative aims to create an ecosystem that fosters creativity and technological advancement.

This collaborative approach is vital for addressing the challenges faced by the cleantech sector. By pooling resources and expertise, companies can develop innovative solutions that enhance efficiency and reduce costs. The platform will also attract investment, making India a more appealing destination for cleantech businesses. The minister’s vision is to position India as a global leader in sustainability and cleantech, leveraging the collective strengths of its firms.

Achieving Renewable Energy Targets

Shri Goyal expressed optimism about meeting the ambitious clean energy targets set by Prime Minister Narendra Modi. The goal is to establish 500 Gigawatts of clean energy sources by 2030. The minister noted that India has already made significant progress, achieving its renewable energy installation target eight years ahead of schedule. With 200 Gigawatts already in place, the country is well on its way to reaching the 500 Gigawatt milestone.

India’s commitment to clean energy is evident in its performance regarding Nationally Determined Contributions (NDCs) under the Paris Agreement. The country has consistently exceeded its targets, showcasing its dedication to combating climate change. The minister also highlighted India’s status as having the largest interconnected grid in the world, which supports the efficient distribution of renewable energy.

Pioneering Solar Power Adoption

Shri Goyal acknowledged India’s proactive stance on climate change, citing Gujarat as a pioneer in adopting solar power. He credited the Prime Minister’s transparent policies and competitive auctions for making solar energy more affordable. The government’s focus on “3S”โ€”speed, scale, and skillโ€”has significantly advanced the renewable energy program.

This emphasis on efficiency and transparency has led to a remarkable reduction in solar power costs. As a result, India is now a leader in solar energy adoption. The minister’s remarks underscore the importance of continued innovation and investment in the renewable energy sector. By maintaining this momentum, India can further solidify its position as a global leader in clean energy solutions.

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