India's 2023 Budget focuses on green technology to achieve the country's Net Zero targets by 2070. Initiatives like the LiFE movement, Green Credit program, and Green Hydrogen Mission aim to support the growth of green tech startups. The government emphasizes the economic benefits of green technologies. India has the opportunity to establish globally competitive industries in EVs, alternative energy, carbon capture, and energy efficiency. However, startups face challenges in accessing government schemes. It is crucial for the government to provide substantial support for green tech startups to foster innovation and meet green targets.
Source: Link