The Bharat Climate Forum 2025 in New Delhi, Union Minister of Commerce & Industry, Shri Piyush Goyal, unveiled the Bharat Cleantech Manufacturing Platform. This initiative aims to strengthen India’s cleantech value chains across sectors like solar, wind, hydrogen, and battery storage, steering the nation towards its sustainability goals.
During his keynote address, Shri Goyal emphasised that while product-linked incentives (PLIs) and subsidies have been useful to jumpstart the clean energy sector, they are not conducive to long-term growth. He urged the sector to transition towards self-sustainability, stressing the importance of reducing dependency on government support.
“India’s clean energy sector must innovate and scale up to stand independently,” he noted, encouraging industry stakeholders to reimagine their strategies and expand manufacturing capabilities.
The newly launched Bharat Cleantech Manufacturing Platform is designed to foster collaboration, co-innovation, and resource sharing among Indian firms. Shri Goyal highlighted its potential to:
By leveraging this initiative, India can position itself as a leader in the global sustainability landscape, he added.
India has already demonstrated its commitment to renewable energy. Shri Goyal lauded the nation’s success in achieving the renewable energy targets set in 2015 as part of the Paris Agreement.
Key milestones include:
He attributed these achievements to the Prime Minister’s vision, which prioritised transparency, competitive auctions, and large-scale implementation.
Shri Goyal also reflected on India’s early adoption of solar energy, pointing to Gujarat as a trailblazer. He credited the affordability of solar power to the Government’s emphasis on transparency and equal competition.
The approach has been underpinned by the “3S strategy” of speed, scale, and skill, ensuring the rapid and efficient execution of renewable energy programmes.
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Published on: Jan 13, 2025, 2:08 PM IST
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