India, as the world's fastest-growing major economy in 2023, has been experiencing rapid growth in clean energy investments. Despite challenges like poverty alleviation and job creation, the country aims for net zero emissions by 2070. India heavily relies on imported fossil fuels but has been implementing strategies for decarbonization and diversification. Initiatives like the Production Linked Incentives scheme and a new hydrogen policy demonstrate India's commitment to clean energy technologies. The country's debut in the sovereign green bond market with oversubscribed bonds worth USD 1 billion signifies a significant shift towards financing renewables and low-carbon hydrogen production. In the global context, regions like the European Union and Asia are also making strides in clean energy investments, while disparities persist in policy support and financing accessibility globally. Addressing these challenges will be crucial to accelerate the transition to sustainable energy systems and combat climate change effectively.