Surge in Demand for Clean Energy Driving Cleantech Market in India
MUMBAI, India--(BUSINESS WIRE)--Oct 1, 2018--ROGM - Research On Global Markets, a global market research firm, published a report on the cleantech market in India, today. The report, prepared by Netscribes, indicates India to be a key market for clean technology as billions are being invested in this sector, which in turn is expected to drive market growth in the foreseeable future.
The growing economy of the country and a surge in demand for clean energy to reduce pollution are the prime reasons that make investing in India, a lucrative proposition for investors. Foreign Direct Investment (FDI) in this sector - focusing more on sustainability than profitability - is also deemed to be a growth driver of this market.
However, the nature of renewable energy, which can be infirm and unreliable, can pose challenges for the growth of this market.
Key highlights of this report:Historical, current and forecasted market size data for the Indian cleantech market Qualitative analysis of the Indian cleantech market and its segments - solar energy, wind energy, hydropower, and biogas energy Qualitative analysis of the major drivers and challenges affecting the market Analysis of the competitive landscape and profiles of major players operating in the market
This report has been formulated and designed with the purpose of giving businesses a concise understanding of the demand for cleantech in India to determine the viability of the market, develop strategies based on the drivers, and help brands identify competition and respond accordingly.
For more information, download the Cleantech Market in India report.
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Research On Global Markets is a leading source of research reports on worldwide markets. We are experts in Healthcare and Technology Research and also cover a broad range of industries across international markets to help customers make informed business decisions.
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KEYWORD: UNITED STATES ASIA PACIFIC NORTH AMERICA CALIFORNIA INDIA
INDUSTRY KEYWORD: ENERGY ALTERNATIVE ENERGY TECHNOLOGY OTHER TECHNOLOGY ENVIRONMENT
SOURCE: Research On Global Markets
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PUB: 10/01/2018 09:50 AM/DISC: 10/01/2018 09:50 AM