India can generate $212 bn by investing in renewable energy: Report
Despite a slowdown in the economy, India has the potential to generate $212 billion in revenue by investing in renewable energy by 2030, according to a research report.
The report titled ‘Investing for Impact: Renewable Energy & Cleantech’ by Aspire Circle said India could create about 3.4 million jobs if ventures invest worth $350 billion in initiatives dedicated to renewable energy and cleantech.
The report was prepared with the help of 16 co-authors, which include Amit Bhatia, Founder, Aspire Circle and Aspire Impact, Praveer Sinha, CEO & MD, Tata Power and Tarun Mehta, Co-Founder & CEO, Ather Energy.
