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 on strengthening domestic manufacturing of solar cells, modules, and grid-scale batteries aligns with Saatvik Green Energy’s vision of making India self-reliant in solar technology and reducing dependency on imports.
Additionally, the support for wind turbines and electrolysers will further boost India’s leadership in the renewable energy sector. These initiatives will not only drive large-scale investments but also generate employment and technological advancements in the industry. The launch of the Nuclear Energy Mission, along with proposed amendments to key legislation and the focus on Small Modular Reactors (SMRs), signals a diversified and forward-thinking approach to clean energy. While nuclear power has its role in India’s long-term energy security, I believe that solar energy remains the most scalable and cost-effective solution to achieve near-term decarbonisation goals. We look forward to collaborating with stakeholders to ensure that solar energy continues to be at the forefront of India’s clean energy transition.
