Modi announces private sector entry in India's nuclear power industry.
Prime Minister Modi announced the liberalization of India’s nuclear power sector, creating opportunities for enhanced cooperation with the UK in infrastructure and green energy. This move aligns with India’s ambitious goal of achieving 500 gigawatts of renewable energy capacity by 2030, currently standing at 256 GW. The government is also implementing significant GST reforms to reduce tax rates, particularly for renewable energy devices, facilitating lower installation costs and greater access to sustainable energy. These initiatives reflect India’s commitment to energy independence, economic transformation, and fostering international partnerships, particularly in the strategic sectors of critical minerals and advanced manufacturing, highlighting the nation’s integrated approach to sustainable development and economic growth.