Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal highlighted India’s green energy push and said that India is one of those few countries which have not only met the commitment it made in Paris in 2015 but has exceeded it.

"We committed to 175 GW of clean energy. We have now upped the ante to set a target of 500 GW and we are well on track to achieve it”, he said while addressing IIM Ahmedabad’s Red Brick Summit 2022 virtually from New Delhi.

Goyal added that our energy mix is expected to be predominantly renewable by 2030. The Minister also noted that India was well on track to create 1 billion tonne Carbon sink through afforestation and rejuvenation. He added that our industry has been working on newer technologies like green Hydrogen to ensure round- the -clock supply of renewable energy.

Goyal announced that 7 new PLI schemes that are not part of the original program had just been approved and reiterated the Government’s commitment to promote manufacturing in India. He said that the Production Linked Incentive (PLI) scheme has been very well received.