India's Energy Revolution: A New Era of Growth and Innovation
India's economic growth, targeting over 7.5%, relies heavily on expanding manufacturing and electricity-intensive services like AI. Renewable energy, extending to green access and prosumer models, will be vital. The sector is thriving, creating jobs, and strengthening domestic manufacturing capabilities.
- Country:
- India
The Sustainable Projects Developers Association (SPDA) underscores the crucial role of renewable energy in India's economic growth trajectory, aiming for sustained growth above 7.5%.
According to Santosh Kumar Sarangi of MNRE, the integration of AI, data centres, and IoT in electricity-dependent services is essential.
SPDA Chairman Vineet Mittal praised the sector's evolution, highlighting job creation and decreasing import reliance through domestic manufacturing advancements.
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