India’s energy transition is driven as much by economics as emissions. As renewable electricity becomes more competitive, clean power can turn the country’s expanding demand, infrastructure and industrial base into an advantage, allowing growth and decarbonisation to move forward together.
India’s clean-energy capabilities are beginning to reach beyond its borders. Solar manufacturing capacity has grown 7.5 times since 2014, while advances in batteries, electrolysers and green molecules are positioning the country to shape global supply chains and harder-to-electrify sectors alike.
Oil organised the rise of petrostates; electricity could shape India’s next chapter. As its share of final energy use rises from 21 percent today towards 60 percent by 2047, affordable power can drive productivity, competitiveness and lower-carbon growth across industry.
The next phase is not just capacity. It is a globally competitive clean energy ecosystem.
The Budget balances near-term macro stability with long-term green capacity for the next decade.
Exports are 22% of GDP. A landmark EU deal takes India from bilateral to intercontinental.
