Rapidly growing climate awareness and the government’s increased focus on the renewable energy sector have kept analysts upbeat on this space, which they believe is a long-term structural investment theme.
This, they say, is despite the near-term hiccups that the country will likely face in the adoption of clean energy sources due to the current global macroeconomic headwinds.
“We are positive on this sector as India has been firmly working towards green energy. Due to the Ukraine war, the transition will see some delays but once the global situation improves, it will be very beneficial for us,” said AK Prabhakar,