Commerce and Industry Minister Piyush Goyal highlighted India’s strong performance in climate action, achieving its renewable energy target ahead of schedule. India now targets a 500 GW clean energy capacity by 2030, up from the initial plan of 20 GW. Under PM Modi’s leadership, India transitioned into a global leader in climate discussions, emphasizing self-defined targets.
India’s economic engagement is growing, with dialogues on trade partnerships with various countries. Goyal stressed the importance of India’s economic environment, innovation, and technology. Climate action in India has become economically viable, with the renewable energy sector contributing to job creation and economic growth.
Goyal outlined key power sector reforms, including a unified national grid and expanded transmission infrastructure. He emphasized the need for efficiency and behavioral changes to support climate goals. Collective action from individuals and industries is crucial for achieving these goals and unlocking economic opportunities.
