India offers US$ 500 billion in investment opportunities in clean energy and other sectors by 2030

The Commerce Ministry of India has highlighted the substantial investment opportunities available in the country, totalling over US$ 500 billion by 2030, particularly in the clean energy sector, including renewables, green hydrogen, and electric vehicles (EVs). Secretary Mr. Sunil Barthwal represented India at the Indo-Pacific Economic Framework for Prosperity (IPEF) Clean Economy Investor Forum in Singapore, which aimed to attract investments in sustainable infrastructure, climate technology, and renewable energy projects.

The two-day forum brought together leading investors, clean economy companies, and startups to explore investment prospects in the Indo-Pacific region. Over 300 participants from financial institutions, multilateral development banks, venture capital funds, project owners, entrepreneurs, and government agencies actively engaged in discussions and presentations. Notably, the forum resulted in investment opportunities worth US$ 23 billion for sustainable infrastructure projects in the Indo-Pacific. Additionally, the launch of the IPEF Catalytic Capital Fund, supported by founding members such as Australia, Japan, Korea, and the US, aims to facilitate quality, resilient, and inclusive clean economy infrastructure projects in emerging economies. Furthermore, a coalition of investors, including Singapore's Temasek and GIC, committed US$ 25 billion to infrastructure investments in emerging markets.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.