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India can generate $212 bn by investing in renewable energy: Report

About 3.4 million jobs can be created if ventures worth $350 billion is invested in initiatives dedicated to renewable energy and cleantech, said study

Renewable Energy, Solar Energy
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Renewable Energy, Solar Energy

BS Web Team
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.

According to Bhatia, India is

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First Published: Aug 31 2022 | 10:50 PM IST

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