Union Minister of Commerce & Industry, Shri Piyush Goyal, inaugurated the Bharat Cleantech Manufacturing Platform on Friday at the Bharat Climate Forum 2025 in New Delhi. The initiative aims to advance India’s cleantech value chains in solar, wind, hydrogen, and battery storage sectors.
During his address, Shri Goyal underscored that while Production Linked Incentives (PLIs) and subsidies can help catalyze growth in the clean energy sector, they are not conducive to long-term sustainability. He emphasized the need for the cleantech sector to become self-reliant and independent of government support.
Encouraging innovation and scaling up domestic manufacturing, Shri Goyal highlighted that the Bharat Cleantech Manufacturing Platform would serve as a hub for collaboration among Indian firms. This platform will facilitate co-innovation, financing, and sharing of technologies, ideas, and resources, positioning India as a global leader in sustainability and cleantech while enhancing its appeal as a business destination.
The Minister expressed optimism about achieving the clean energy target set by Prime Minister Shri Narendra Modi of 500 gigawatts by 2030. He noted India’s exceptional performance in meeting its Nationally Determined Contributions (NDCs) under the Paris Agreement and the UN Framework Convention on Climate Change (UNFCCC). India reached its 2022 renewable energy goals eight years ahead of schedule and has already achieved a milestone of 200 gigawatts of clean energy capacity, paving the way to meet the 2030 target. He also highlighted India’s accomplishment of building the world’s largest interconnected power grid.
Shri Goyal emphasized India’s proactive role in addressing climate change, recalling that Gujarat was among the first states to adopt solar power. He credited the affordability of solar energy in India to Prime Minister Modi’s focus on transparency, fair auctions, equal competition, and scaling up projects. Finally, he highlighted the government’s adoption of the “3S” approach—speed, scale, and skill—to propel the renewable energy program forward.