India is emerging as a hub for climate-friendly business models, attracting global capital, according to Srini Nagarajan, Managing Director at British International Investment (BII). BII, with a $2.3 billion portfolio in India, has committed over $1 billion between 2022 and 2026, focusing on renewable energy, battery storage, biofuels, and cooling solutions. BII has invested in companies like Ayana Renewable Power, Fourth Partner Energy, and Mahindra’s electric vehicle unit. Nagarajan emphasized that BII’s role is to create bankable opportunities and attract commercial investors. The institution also backs venture capital funds in sectors like climate tech, healthcare, and food & agri. BII is keen on supporting India’s underfunded transmission sector and infrastructure investment trusts (InvITs), providing risk-tolerant capital to encourage retail and commercial investment.