Vineet Mittal, Founder and Chairman of Avaada Group, predicts that India will swiftly develop a self-sufficient ecosystem for solar equipment manufacturing within the next 4-5 years, a feat that other countries took over 20 years to accomplish. Mittal highlights the current dependency of Indian solar companies on imported components and expresses optimism for a transformative change. His company, based in Mumbai, is focused on renewable energy generation through various sources including solar and wind energy. Avaada aims to eliminate reliance on imported components by establishing a comprehensive manufacturing campus that streamlines the production process from wafers to solar panels. Mittal advocates for the adoption of e-methanol and green ammonia in the transport and agriculture sectors, urging the government to facilitate this transition through policy interventions. He stresses the importance of government support in the hydrogen energy sector, emphasizing the need for long-term mandates and off-take contracts to drive growth. Mittal also suggests emulating the cost reduction model of the solar industry in the hydrogen sector and proposes the establishment of a carbon market to incentivize the shift towards green fuels. Avaada Group's substantial investments in solar and wind power projects align with India's target of achieving 500 gigawatts of renewable energy by 2030. By focusing on battery storage and pumped hydro storage systems, the company aims to enhance energy stability and contribute to a sustainable energy future.