I ndia’s energy transition is already mainstreaming renewable-powered electrification across major demand centres. Electric mobility is replacing internal combustion engines, agriculture is increasingly powered by solar irrigation, and buildings are adopting smarter appliances. The next phase lies in electrifying industrial heat, particularly across India’s MSMEs, to strengthen manufacturing competitiveness, energy security and decarbonisation.
Now, scaling industrial heat electrification will require a similar approach. The focus has shifted to how India plans and scales this transition. India’s solar photovoltaic revolution reduced solar tariffs by more than 85% over the past decade through a coordinated ecosystem of supportive policies both at the national and state level, innovative financing, competitive vendors and markets, institutional mandates, and sustained private sector investment.
