Prime Minister Narendra Modi on Tuesday said that Indian companies investing in clean and green energy will gain better access to global markets amid shifting global supply chains. Addressing a post-Budget webinar on sustaining and strengthening economic growth, he emphasized that sustainable development must become a core business strategy.
Budget Reaffirms Commitment to Economic Growth
PM Modi stated that this year’s Union Budget reinforces India’s commitment to maintaining and accelerating economic growth. Highlighting key initiatives, he said sustainable development, carbon capture, utilization and storage missions are critical steps toward long-term progress.
“Now sustainability must be integrated into the core strategy of businesses. The Budget has laid a strong foundation to achieve this,” he said.
Call for Collective Responsibility from Industry
The Prime Minister urged industry leaders, investors, and stakeholders to work collaboratively to ensure effective implementation of the government’s framework. He stressed that collective responsibility must be visible at the grassroots level.
He also encouraged policymakers and business leaders to actively contribute constructive suggestions to strengthen policy execution and economic reforms.
Focus on ‘Make More, Export More’
Referring to evolving global supply chains, PM Modi said India is rapidly moving toward the goal of becoming a developed nation. He outlined a clear economic roadmap: “Make more, produce more, connect more, and export more.”
The Prime Minister underlined that manufacturing, logistics, MSMEs, and smaller cities are key pillars of India’s development journey.
Record Budget Allocation for Renewable Energy
The Ministry of New and Renewable Energy has received a record allocation of ₹32,914 crore in the Budget.
- ₹22,000 crore has been earmarked for the PM Surya Ghar rooftop solar scheme.
- ₹600 crore has been allocated for the Green Energy Corridor project to strengthen renewable energy infrastructure integration.
- ₹600 crore has been set aside for the National Green Hydrogen Mission for FY 2026–27, matching last year’s revised estimate.
These allocations aim to accelerate India’s transition to clean energy and enhance infrastructure capacity.
Special Emphasis on Manufacturing and MSMEs
Under the broader theme of sustaining and strengthening economic growth, four dedicated post-Budget sessions are being organized. These sessions focus on:
- Manufacturing, industrial upgradation, and strategic sectors
- MSMEs, finance, and market access
- Urban economic zones
- Infrastructure, logistics, and freight transportation
The discussions aim to examine how Budget reforms can boost industrial capacity, improve competitiveness, and generate employment opportunities across sectors.
Driving Economic Growth and Job Creation
The webinar series is part of the government’s effort to translate Budget announcements into actionable strategies. By fostering stronger coordination between policymakers and industry stakeholders, the initiative seeks to ensure tangible economic outcomes, enhance exports, and support large-scale job creation.
With sustainability, green energy, and manufacturing at the forefront, the government aims to position India as a competitive and responsible player in the evolving global economic landscape.
