India's Infrastructure Boom: Renewable Energy and Roads to Drive Rs 15 Lakh Crore Investment
India's renewable energy and roads sectors are poised for significant growth, driven by supportive policy interventions and increasing demand for sustainable infrastructure.
Renewable EnergyRoadsInfrastructureReal EstateIndiaReal EstateJun 18, 2024
The renewable energy sector is expected to be a key driver of this growth, with demand for sustainable energy transition driving up auctions and creating a strong pipeline of 75 GW. This will primarily drive the implementation of 50 GW capacity over the next two fiscals.
In the roads sector, the need for improved physical connectivity is driving healthy awarding, with strengthened order books of road developers expected to support 11% growth in highway construction. Net leasing of commercial office space in the real estate sector is also expected to see demand growth of 8-10% in this fiscal and the next.
Regular policy interventions have fueled investor interest in these sectors, supporting healthy credit risk profiles of private players and strengthening their execution and funding capabilities. The report notes that cumulatively, Rs 2 lakh crore of equity capital has been deployed in these sectors over the past two fiscals driven by strong investor participation.
Information
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Frequently Asked Questions
What is driving the growth of India's renewable energy sector?
The main driver of growth in the renewable energy sector is the demand for sustainable energy transition.
How much investment is expected in India's infrastructure sector in the next two years?
Rs 15 lakh crore of investment is expected in India's infrastructure sector in the next two years.
What is the current pipeline of renewable energy projects in India?
The current pipeline of renewable energy projects in India is 75 GW.
How much growth is expected in highway construction in the next two fiscals?
11% growth is expected in highway construction in the next two fiscals.
What is driving the demand for commercial office space in India?
Rising demand for residential and commercial real estate is driving the demand for commercial office space in India.
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