TL;DR
A CEEW study predicts India's green economy to attract $4.1 trillion in investments and create 48 million jobs by 2047, primarily driven by the energy transition and clean mobility.
A recent study by the Council on Energy, Environment and Water (CEEW) reveals India's green economy could attract a staggering $4.1 trillion in cumulative investments and create 48 million full-time equivalent jobs by 2047. The analysis projects an annual green market worth $1.1 trillion by the same year, driven by 36 green value chains across energy transition, circular economy, bio-economy, and nature-based solutions.
Approximately 92% of the required investments, totaling around $3.79 trillion, are expected to flow into the energy transition sector, encompassing renewable energy, storage, clean mobility, and green hydrogen. These capital-intensive sectors are also anticipated to generate a substantial share of high-skilled jobs. The study emphasizes that India's green economy extends beyond familiar areas like solar power and electric vehicles, including diverse segments such as circular manufacturing, bio-based materials, and green construction, poised for significant expansion as demand shifts towards sustainable production and resource efficiency.
