New Delhi is buzzing with optimism as Prime Minister Narendra Modi outlines a bold vision for Indian companies in the clean energy sector. Speaking at a post-budget webinar on Tuesday, PM Modi emphasized that firms investing in green and sustainable energy will gain a competitive edge in reshaping global supply chains.
The Prime Minister highlighted how this year’s Union Budget reaffirms India’s commitment to sustained economic growth. ‘Sustainable development, carbon capture, utilization, and storage missions are critical steps forward,’ he stated. He urged businesses to integrate these principles into their core strategies, backed by a robust framework provided in the budget.
Collaboration is key, according to PM Modi. Industries, investors, and stakeholders must unite at the grassroots level to implement these initiatives effectively. He called on policymakers and industry leaders to align with government efforts and provide continuous feedback.
As global supply chains evolve, India’s economy is charging towards a developed nation status. PM Modi’s mantra is clear: manufacture more, produce more, connect more, and export more. This approach positions Indian clean energy players to capture premium international markets.
The budget delivers substantial support with a record Rs 32,914 crore allocation to the Ministry of New and Renewable Energy. A whopping Rs 22,000 crore is earmarked for the PM Surya Ghar Muft Bijli Yojana, promoting rooftop solar installations nationwide.
Further boosts include Rs 600 crore for the Green Energy Corridor project to strengthen infrastructure and integrate renewables seamlessly. The National Green Hydrogen Mission receives Rs 600 crore for 2026-27, matching last year’s projection and signaling long-term commitment.
PM Modi identified manufacturing, logistics, MSMEs, and smaller cities as pillars of India’s growth story. Post-budget discussions across four sessions delve into manufacturing upgrades, MSME financing, urban economic zones, and logistics enhancements.
These forums aim to decode how budget reforms can amplify industrial capacity, sharpen competitiveness, and generate jobs. India’s clean energy push isn’t just environmental—it’s a strategic economic powerhouse in the making.