India's 2024 Interim Budget focuses on sustainability initiatives like promoting green energy, reducing carbon emissions, and investing in renewable energy projects, electric vehicles, and waste management.
The government's deep tech and solar rooftop initiatives aim to advance clean energy goals, enhance EV charging infrastructure, create jobs, and support indigenous technologies for defense and civilian applications.
Seafund's deep tech investments stand to benefit from these policies, fostering innovation in defense and civilian applications while contributing to India's vision for clean energy and technological progress.
Although the budget outlines significant investments in clean technologies, there are concerns about the effective implementation of these sustainability initiatives on the ground.