Union Minister Piyush Goyal recently inaugurated the Bharat Cleantech Manufacturing Platform at the Bharat Climate Forum 2025 in New Delhi. This initiative is designed to boost India’s position in the cleantech sector, particularly in the areas of solar, wind, hydrogen, and battery storage. Goyal emphasized the importance of India becoming self-reliant in the clean energy domain, warning against excessive reliance on subsidies and Product Linked Incentives (PLIs). He called for innovative strategies to scale up manufacturing and highlighted the platform’s role in fostering collaboration and co-innovation among Indian businesses.
Goals Of Bharat Cleantech Manufacturing Platform
The platform’s primary objective is to fortify India’s role in the global cleantech market by promoting cooperation between businesses to secure financing and pool resources. The initiative is aimed at making India an attractive hub for cleantech investments and innovations, further positioning the country as a leader in sustainable energy.
Concerns About Product Linked Incentives (PLIs)
Goyal raised concerns that while PLIs may jump-start the clean energy sector, over-reliance on such incentives could limit long-term growth. He stressed the importance of the sector becoming self-sustaining and urged a focus on sustainable development, moving beyond government support.
Clean Energy Capacity Goals
India is targeting 500 gigawatts of clean energy capacity by 2030. Goyal noted that the country has already surpassed its 2022 clean energy goals, achieving them eight years ahead of schedule. With 200 gigawatts currently installed, India is well on its way to meeting its ambitious clean energy targets.
India’s Progress On Climate Commitments
India has shown strong performance in meeting its Nationally Determined Contributions (NDCs) under the Paris Agreement. Goyal highlighted that India is on track to exceed its climate targets, demonstrating the country’s proactive approach in addressing climate change.
Gujarat’s Role In Solar Energy
Gujarat has been at the forefront of solar energy adoption in India, and Goyal credited the state for its early commitment to renewable energy. The affordability of solar energy in the country has been driven by the government's emphasis on transparency and promoting fair competition within the sector.
Future Of Cleantech In India
The Bharat Cleantech Manufacturing Platform is poised to play a pivotal role in shaping the future of India’s cleantech industry. By encouraging innovation and fostering collaboration, it seeks to position India as a global leader in sustainable energy solutions, aligning with the government’s broader vision to enhance the renewable energy sector and contribute to global climate goals.
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