India’s Clean Tech Surge: ₹54,000 Crore Exports Power Green Job Boom – EQ
In Short : India’s clean tech exports are gaining momentum, reportedly reaching ₹54,000 crore, driven by surging demand for solar modules and renewable components. This growth aligns with projections that India will generate 7.3 million green jobs by FY2028 and up to 35 million by 2047. The trend highlights clean tech’s dual role in boosting exports and creating sustainable employment opportunities.
In Detail : India’s clean technology sector is witnessing rapid growth, with exports reportedly reaching ₹54,000 crore. This surge reflects the country’s increasing role as a global supplier of solar modules, wind components, and other green energy solutions. The trend aligns with global efforts to decarbonize energy systems and shift towards sustainable infrastructure.
The export growth is being driven by rising international demand for affordable and efficient renewable energy technologies. India’s manufacturing base, supported by government initiatives and private investments, is increasingly catering to countries seeking to expand their clean energy capacity.
Solar module exports, in particular, have seen exponential growth in recent years. Reports suggest a significant year-on-year increase, showcasing India’s competitiveness in clean tech manufacturing. This growth has been facilitated by production-linked incentives and the push for self-reliance under programs like Make in India.
In tandem with export expansion, the clean energy sector is also expected to become a major employment generator. Industry estimates project the creation of 7.3 million green jobs by FY2028. These jobs will span manufacturing, installation, maintenance, research, and policy support roles.
Looking further ahead, green employment is forecast to rise to 35 million jobs by 2047. This long-term growth is linked to India’s climate commitments, energy transition goals, and the integration of renewable technologies across various sectors including transportation, agriculture, and construction.
The clean tech boom not only contributes to economic growth but also supports India’s ambitions to become energy independent and environmentally responsible. Export revenues provide a strong incentive for both public and private sectors to continue scaling up capabilities.
Several Indian companies are now exporting solar modules and inverters to countries in Asia, the Middle East, Europe, and Africa. This global footprint is expanding as international buyers seek reliable and cost-effective partners for their energy transition goals.
Government policies such as the Production Linked Incentive (PLI) scheme, domestic content requirements, and favorable trade terms are playing a pivotal role in boosting both production and exports. These policies also encourage the development of a skilled workforce for the green economy.
As the world moves towards net-zero targets, India’s clean tech sector is positioned to serve as both an economic engine and a global partner in sustainability. The dual benefits of job creation and rising exports underscore the transformative potential of the country’s green transition.
