The Union Budget 2026–27 reinforces the capital goods sector as a key driver of India’s investment-led growth by increasing public capital expenditure to ₹12.2 lakh crore and introducing targeted measures to strengthen domestic manufacturing capacity. Key initiatives include a ₹10,000 crore container manufacturing scheme, establishment of Hi-Tech Tool Rooms, support for construction and infrastructure equipment, tax incentives for toll and electronics manufacturing, and customs duty exemptions for energy storage and critical mineral processing. Along with ongoing programmes such as Make in India, PLI and the Capital Goods Competitiveness Scheme, these measures aim to enhance technological capability, reduce import dependence and position India as a globally competitive manufacturing hub.
Click to View MoreIndia is prioritizing the development of domestic rare-earth permanent magnet (REPM) manufacturing to reduce import dependence, secure supplies of critical minerals, and support clean-energy, electric mobility, electronics, and defence sectors. The initiative aligns with national strategies such as the National Critical Minerals Mission and recent mining-policy reforms that promote exploration, processing, and private participation. Alongside international partnerships and resource acquisition efforts through KABIL, strengthening REPM capacity positions India to build resilient supply chains, advance self-reliance, and integrate more strongly into global value chains for advanced materials.
Click to View MoreChina cleaned its air through strict central planning, the 2013 action plan, industrial controls, and rapid EV adoption backed by bureaucratic accountability. India needs similar long-term, well-funded, multi-sector action instead of reactive steps like GRAP to tackle its persistent pollution and achieve sustained air-quality gains.
Click to View MoreThe Global Energy Leaders’ Summit 2025 in Puri (Dec 5–7), hosted by Odisha and the Tony Blair Institute, focuses on “Powering India: Sufficiency, Balance, Innovation.” It supports India’s pillars of energy access, efficiency, sustainability, and security while advancing cooperation, clean energy transition, technology, and Net-Zero 2070 goals.
Click to View MoreThe International Solar Alliance, launched by India and France at COP21, unites over 120 nations to drive a global solar revolution. Aiming to mobilize $1 trillion by 2030, it promotes clean energy access through initiatives like OSOWOG, fostering sustainability, energy security, and climate resilience.
Click to View MoreIndia’s power-sector CO2 emissions fell 1% in early 2025, driven by a 69% clean energy surge, hydropower gains, and mild weather—signaling a possible emissions peak before 2030 and marking a historic shift in India’s energy transition.
Click to View MoreIndia aims to achieve Net Zero emissions by 2070, part of its 'Panchamrit' strategy. This involves increasing renewable energy to 500 GW by 2030, reducing emissions intensity, and increasing carbon sinks. It requires investments in green technologies and energy efficiency, offering economic growth, energy security, and global climate leadership.
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