Union Budget 2025: E-India push to loosen Chinese grip on cleantech

Feb 2, 2025 - 04:00
Union Budget 2025: E-India push to loosen Chinese grip on cleantech

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Finance minister Nirmala Sitharaman announced a manufacturing mission to develop a domestic cleantech ecosystem and reduce reliance on China's supply chain. The Budget also waived customs duty on critical minerals and increased the renewable energy ministry's allocation by 53% to boost support for clean energy components.

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