2025-02-01 02:28:43 pm | Source: Lords Mark Industries Limited
Quote on Budget 2025 - Renewable Energy Sector by Sachidanand Upadhyay, MD, Lord's Mark Industries Limited

Below the Quote on Budget 2025 - Renewable Energy Sector by Sachidanand Upadhyay, MD, Lord's Mark Industries Limited
"The National Manufacturing Mission announced in the Union Budget 2025 is a significant step towards bolstering India's clean tech manufacturing ecosystem. By enhancing domestic production of EV batteries, solar PV modules, wind turbines, and grid-scale batteries, this initiative will reduce dependency on imports and strengthen India’s position in the global renewable energy supply chain. The move complements the existing PLI schemes and will encourage backward integration, enabling Indian manufacturers to scale up operations efficiently. At the Renewable Energy arm of Lord’s Mark Industries, we are committed to leveraging these policy-driven opportunities to accelerate innovation, localize clean energy solutions, and contribute to India’s transition towards a sustainable and self-reliant future. Aligning with India's commitment to achieving net-zero emissions by 2070, Lord's Mark Industries is contributing significantly to this vision, recently securing a project to set up 300 MW of grid-connected rooftop solar projects in Uttar Pradesh."
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