Clean and environment-friendly energy harvesting are of prime interest today as it is one of the key enablers in achieving the Sustainable Development Goals (SDGs) as well as accelerates social progress and enhances living standards. India, the second-most populous nation with a population of 1.353 billion, is one of the largest consumers of fossil fuels in the world which is responsible for global warming. An ever-increasing population is projected until 2050, and consequently, the energy demand in the upcoming decades will be co-accelerated by the rapid industrial growth. The Ministry of New and Renewable Energy (MNRE) with the support of National Institution for Transforming India (NITI) Aayog is working to achieve the Indian Government's target of attaining 175 GW through renewable energy resources. Many Indian states are currently increasing their renewable energy capacity in an objective to meet future energy demand. The review paper discusses in-depth about the three Indian states, namely Karnataka, Gujarat, Tamil Nadu, which pioneers the renewable energy production in India. The global energy scenario was discussed in detail with Indian contrast. Further, the barriers to the development of renewable energy generation and policies of the Indian government are discussed in detail to promote renewable energy generation throughout India as well as globally since the challenges are similar for other nations. This study analyzed various prospects of the country in renewable energy which has been done in a purpose to help the scholars, researchers, and policymakers of the nation, as it gives an insight into the present renewable energy scenario of the country.