India is pursuing two important goals to achieve eminence in the global order– becoming a developed nation by 2047 and achieving Net Zero by 2070. Despite great strides made in renewable energy capacity, the country continues to depend heavily on imported fossil fuels and is a major contributor to overall global greenhouse gas emissions annually. As the fastest growing large economy in the world, India’s energy and industrialization path as it stands now and the way it will progress over the next two decades has profound global implications in terms of both the environment as well as impact on the economy.