Bharat Cleantech Manufacturing Platform: Driving India's Leadership in Sustainability
Key Ideas
- Union Minister Piyush Goyal launched the Bharat Cleantech Manufacturing Platform in New Delhi to boost clean energy sectors like solar, wind, hydrogen, and battery storage.
- Goyal expressed concerns about Product Linked Incentives and subsidies, emphasizing the need for the clean energy sector to become self-sustaining and independent of government support.
- India aims to set up 500 Gigawatt of clean energy sources by 2030, with significant progress already made in surpassing NDC targets and achieving 200 Gigawatt by 2022.
- The Minister highlighted the importance of innovation, collaboration, and scaling manufacturing in India to make the country a global leader in sustainability and cleantech industries.
The Union Minister of Commerce & Industry, Shri Piyush Goyal, introduced the Bharat Cleantech Manufacturing Platform during the Bharat Climate Forum 2025 in New Delhi. This initiative aims to bolster India's cleantech value chains, focusing on sectors like solar, wind, hydrogen, and battery storage. While unveiling the platform, Minister Goyal raised concerns about Product Linked Incentives and subsidies, suggesting that they can hinder the long-term growth of the clean energy sector. He stressed the importance of the sector becoming self-sustaining and independent of government support. Goyal encouraged participants to think innovatively, increase manufacturing scale, and collaborate through the platform. The Minister's vision includes India becoming a global leader in sustainability by leveraging the platform for financing, idea sharing, and technology collaboration. India's ambitious target of setting up 500 Gigawatt of clean energy sources by 2030 was discussed, with praise for the country's progress in exceeding NDC targets and achieving 200 Gigawatt by 2022. Goyal highlighted the government's approach of speed, scale, and skill in the renewable energy program, attributing successes to initiatives like transparent auctions and promoting equal competition. Overall, the Bharat Cleantech Manufacturing Platform signifies a significant step towards India's leadership in sustainable and cleantech industries.
Topics
India
Renewable Energy
Clean Energy
Climate Change
Innovation
Sustainability
Manufacturing
Finance
Government
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