NEW DELHI – India is positioning itself as a driving force within the G20's efforts to advance global sustainability, according to a statement by Minister of Commerce and Industry, Piyush Goyal. Addressing delegates at the 20th Global Sustainability Summit in New Delhi, Goyal emphasized India's commitment to balancing renewable energy goals, as reported by ANI, a partner of TV BRICS.

Official data indicates the country's renewable energy aspirations have increased fivefold since 2014. This achievement has been supported by the creation of an interconnected national power grid under the “One Nation, One Grid” initiative, designed to optimize energy distribution and reduce dependence on fossil fuels.

India's energy sector is experiencing accelerated progress, with Goyal noting that 50 percent of the nation's power generation capacity now operates on renewable sources. The country aims to reach *500 GW of installed renewable energy capacity by 2030*.

This goal is planned to be achieved through the “Make in India” initiative, which promotes the domestic manufacturing of renewable energy components, boosts self-sufficiency in the sector, and fosters rapid technological innovation. This is expected to not only bolster green energy production but also generate new employment opportunities across the entire value chain.

Goyal also acknowledged the valuable contributions of all sectors of Indian society in achieving these targets, highlighting the role of young entrepreneurs, farmers, and small business owners in the nation's recent GDP growth rate of 7.8 percent.

According to the expert, India currently accounts for 18 percent of global economic growth, and its current economic standing is estimated at $15 trillion in terms of purchasing power parity.