Clean Tech, short for clean technology, refers to products, services, and processes that use renewable materials and energy sources to reduce negative environmental impacts. It encompasses a wide range of technology and practices designed to promote sustainability, enhance energy efficiency, and minimize carbon emissions. Clean Tech includes innovations in renewable energy (such as solar, wind, and hydroelectric power), energy storage, water purification, waste management, and sustainable agriculture. The goal of Clean Tech is to create solutions that contribute to environmental sustainability while also being economically viable, thereby supporting both ecological balance and economic growth.
The Union Budget 2025 focuses on advancing the electric vehicle (EV) sector and clean technology in India. Customs duty exemptions on materials for EV battery production are pivotal for manufacturers.…