Union Budget 2026 Fuels India's Clean Energy Ambitions

Shyam Sunder Jindal of BC Jindal Group praises the Union Budget 2026 for promoting local manufacturing of lithium-ion batteries and solar glass. These initiatives aim to increase India’s non-fossil energy capacity, supporting the nation's clean energy transition. The BC Jindal Group continues to solidify its diversified industry presence.

Shyam Sunder Jindal, a prominent figure from the BC Jindal Group, has commended the Indian government's 2026 Union Budget for its decisive steps towards bolstering domestic manufacturing. By prioritizing the production of lithium-ion batteries and solar glass, the budget aims to help India achieve its ambitious clean energy targets.

The extension of customs duty exemptions for capital goods used in battery energy storage and solar glass production represents a strategic move. This initiative is expected to contribute significantly to India's energy sector by facilitating a seamless transition to renewable energy sources.

In 2025, India witnessed a remarkable growth in non-fossil fuel infrastructure, achieving a 22.6% increase in installed capacity. As the country adds more renewable capacity, the spotlight on local manufacturing supports the expanding solar and storage landscape. The BC Jindal Group, established in 1952, continues to diversify across multiple sectors including energy and steel.

(With inputs from agencies.)