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India to see $35-40 bn worth impact investments by 2025: US-based group

Impact investments refer to those made with the aim of having a social and environmental impact

Illustration by Binay Sinha
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Illustration by Binay Sinha

Press Trust of India New Delhi
The country is projected to see impact investments worth up to $40 billion by 2025 as the country is in a "sweet spot" with high potential to deliver solutions for various problems, according to global grouping Global Impact Investing Network (GIIN).
 
Based in New York, the GIIN is a not-for-profit group that works to promote impact investments and has around 230 members.
 
Generally, impact investments refer to those made with the aim of having a social and environmental impact along with the investors getting financial returns.
 
GIIN's Advisor for South Asia, Anil Sinha said, there has been a tremendous development