The Scope for Foreign Investment in India’s Green Growth Challenge

India’s green economy offers lucrative investment opportunities by aligning profitability with environmental goals, focusing on sustainable development and poverty eradication. Government initiatives such as 100% FDI in renewable energy, Ultra Mega Renewable Energy Parks, and various green energy schemes are driving this shift. Significant foreign investment, especially in renewable energy, has surged, with India attracting US$2.5 billion in FY23 alone. Leading Indian companies and global investors are increasingly investing in sectors like waste management, low-carbon transport, and sustainable infrastructure. India’s commitment to net-zero emissions by 2070 and proactive steps in energy efficiency and pollution reduction make it an attractive destination for green investments, fostering economic growth, innovation, and job opportunities.