PM Modi: Clean Energy Investments Will Open Global Markets for Indian Firms
Synopsis
In a recent address, PM Modi emphasized that Indian companies investing in clean energy are poised to tap into improved global markets. The Union Budget underlines a commitment to sustainability and economic growth.
Key Takeaways
The Union Budget emphasizes the importance of clean energy investments.
Indian firms are expected to access improved global markets.
Collaborative efforts among stakeholders are essential for success.
Significant budget allocations have been made for renewable energy projects.
Four sessions will focus on various aspects of economic growth and development.
New Delhi, March 3 (NationPress) On Tuesday, Prime Minister Narendra Modi remarked that with the transformation of global supply chains, Indian enterprises investing in clean and green energy will gain access to enhanced markets around the globe.
Speaking during a post-budget webinar, PM Modi emphasized that the current Union Budget strengthens our dedication to fostering and enhancing economic growth.
He stated, “Sustainability, along with carbon capture, utilization, and storage initiatives, are crucial milestones. It is essential to embed sustainability into our core business strategies, and this year’s Budget delivers a solid framework for achieving that.”
To implement this framework, PM Modi urged that “industry, investors, and other stakeholders need to collaborate effectively. A sense of collective responsibility must be visible on the ground. It is vital to create momentum, align with government initiatives, and provide ongoing feedback to realize these objectives,” he told policymakers and business leaders.
He noted, “As global supply chains evolve, the Indian economy is rapidly progressing towards ‘Viksit Bharat’. Our vision and resolve are unmistakable: increase production, enhance connectivity, and boost exports.”
The budget allocation for the Ministry of New and Renewable Energy has reached an unprecedented Rs 32,914 crore, with Rs 22,000 crore assigned to the solar rooftop initiative PM Surya Ghar Yojana. Additionally, the Green Energy Corridor project has been allocated Rs 600 crore to upgrade infrastructure and integrate renewable energy sources.
Furthermore, the funding for the National Green Hydrogen Mission remains steady at Rs 600 crore for FY2026-27, consistent with the Budget Estimates for 2025-26.
PM Modi reiterated that manufacturing, logistics, MSMEs, and small towns are the foundational elements of India’s development.
In line with the overarching theme of enhancing economic growth, four distinct sessions are being organized as part of the post-Budget webinar.
These sessions will address manufacturing, industrial upgrading, strategic sectors; MSMEs, finance, and market access; urban economic regions; and infrastructure, logistics, and freight.
The discussions aim to explore how the reforms introduced in the Budget can expand industrial capacity, enhance competitiveness, and promote job creation.
Point of View
It is evident that Prime Minister Modi's focus on clean energy investments represents a strategic approach toward enhancing India's position in the global market. The Union Budget reflects a significant commitment to sustainability and economic growth, crucial for India's future.
NationPress
6 May 2026
Frequently Asked Questions
What did PM Modi say about Indian companies and clean energy?
PM Modi stated that Indian companies investing in clean energy will have better access to global markets as supply chains evolve.
How much has the budget allocation for renewable energy increased?
The budget allocation for the Ministry of New and Renewable Energy has reached a record high of Rs 32,914 crore.
What is the focus of the post-Budget webinar sessions?
The sessions will focus on manufacturing, MSMEs, urban economic regions, and infrastructure to discuss how reforms can enhance industrial capacity.
What is the significance of the National Green Hydrogen Mission?
The National Green Hydrogen Mission is crucial for promoting sustainable energy solutions, with a consistent budget allocation of Rs 600 crore.
How does PM Modi envision India's economic growth?
PM Modi envisions a rapidly growing Indian economy moving towards 'Viksit Bharat', emphasizing production, connectivity, and exports.
