In Short : The Union Budget for 2025-26 has allocated ₹26,549 crore to the Ministry of New and Renewable Energy (MNRE) to boost India’s green future. This funding will accelerate the development of renewable energy projects, including solar, wind, and green hydrogen. It aims to enhance energy security, create jobs, and help India achieve its […]
Union budget 2025: A bright future for India’s solar industry – EQ
In Short : The Union Budget 2025 boosts India’s solar industry with higher allocations, incentives for domestic manufacturing, and expanded rooftop subsidies. It emphasizes grid modernization, energy storage, and investment-friendly policies, strengthening India’s clean energy push. These measures align with the nation’s net-zero goals, ensuring a sustainable and self-reliant future for the renewable energy sector. […]
Union Budget 2025 Quote | Mr. Pranav Bansal, MD and CEO of Bansal Wire Industries Limited – EQ
Bansal Wire Industries Limited welcomes the initiatives outlined in the Budget 2025, recognizing and appreciating the government’s commitment to empowering MSMEs and enhancing domestic manufacturing. The proposed Rs 10,000 crore funds for MSMEs will significantly bolster the capacity to innovate and scale up the growth of the overall sector. Additionally, the emphasis on mining sector […]
Union Budget 2025 Quote | Mr. Krishan Lalit Bansal, Chairman & Managing Director of DEE Development Engineers Limited – EQ
The Union Budget 2025 reiterates the commitment to building a solid foundation for India’s manufacturing prowess and underlying infrastructure. A visionary strategy that steers India’s economy in the face of global volatilities, the Finance Minister has reaffirmed the government’s unwavering commitment to industrial expansion and ‘Aatmanirbharta.’ The allocation of ₹1.5 lakh crore in interest-free loans […]
Union Budget 2025 Quote | Mr. Abani Jha, CFO of Saatvik Green Energy – EQ
The Union Budget 2025 lays the groundwork for accelerating India’s clean energy transition and building a robust domestic manufacturing ecosystem. The announcement of a National Manufacturing Mission with execution and policy support for clean-tech manufacturing is a much-needed boost that will enhance India’s competitiveness in the global renewable energy supply chain. The government’s continued focus […]
Union Budget 2025 Quote | Mr. Parag Sharma, CEO & Founder of O2 Power & President at WIPPA – EQ
The Union Budget for 2025-26 reaffirms India’s commitment to clean technology manufacturing with particular focus on building India’s own ecosystem for solar PV cells, EV batteries, electrolyzers, grid scale storage, and wind turbines. While we will need to wait for the details of this announcement, it is evident that the government wants to significantly reduce […]
Union Budget 2025 Quote | Mr. Deepak Sharma, Zone President- Greater India and MD & CEO of Schneider Electric – EQ
The Union Budget 2025 marks a pivotal moment for India, laying the foundation for a truly ‘Viksit Bharat.’ The National Manufacturing Mission, focused on cleantech and ‘Make in India for the World,’ holds immense potential to transform our manufacturing landscape. The budget also recognizes the critical role of agriculture in India’s growth story. Initiatives like […]
Union Budget 2025 Quote | Mr. Bikesh Ogra, MD&CEO of Jakson Green – EQ
It seems that the budget was favorable to the clean energy sector.Make in India mission will establish India as a global renewable energy hub by reducing import dependence, creating jobs. Crucially, the budget emphasizes power sector reforms, incentivizing states to modernise distribution and transmission infrastructure i.e essential for seamlessly integrating RE sources into the grid […]
Union Budget 2025 Quote | Mr. Girish Tanti, Vice Chairman of Suzlon – EQ
The Government budget seems to be a significant step towards achieving India’s ambitious energy goals. By strengthening Aatmanirbhar Bharat across manufacturing and agriculture, with a focus on clean tech, wind, solar, EV, and battery storage, the budget aims to accelerate self-reliance in wind and solar manufacturing. The National Manufacturing Mission’s targeted support for all renewable […]
Union Budget 2025 Quote | Mr. Amit Sharma, General Partner of Cactus Partners – EQ
The establishment of a new Fund of Funds (FoF) with an additional ₹10,000 crore and an expanded scope is a welcome move. The initial ₹10,000 crore FoF, managed by SIDBI—of which Cactus Partners has also been a beneficiary—has been a major catalyst for India’s startup ecosystem, significantly contributing to its vibrancy by helping mobilize ₹91,000 […]