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India Eyes $4.1T Green Investment & 48M Jobs
27 Nov
Summary
- India could attract $4.1 trillion in green investments by 2047.
- A total of 48 million full-time equivalent jobs could be created.
- Green opportunities extend beyond EVs to bio-based materials and circular economy.
India has the potential to attract a staggering USD 4.1 trillion in cumulative green investments and generate 48 million full-time equivalent jobs by the year 2047. This projection comes from an independent study by the Council on Energy, Environment and Water (CEEW), highlighting a substantial annual green market opportunity valued at USD 1.1 trillion.
The CEEW analysis identifies 36 diverse green value chains, spanning energy transition, circular economy, bio-economy, and nature-based solutions. While often narrowly perceived as involving only solar and electric vehicles, the true scope encompasses sectors like agroforestry, green construction, waste-to-value industries, and sustainable tourism.
Experts emphasize that India's green transition is fundamentally positive, promising job creation, accelerated growth, improved public health, and enhanced national security through domestic energy shifts. Policy stability and blended finance tools are identified as crucial for de-risking investments and mobilizing capital for this ambitious green frontier development model.
