India Needs $220 Billion To Hit 500 GW Clean Energy Goal By 2030; Keen To Attract FDI: MNRE Secretary
A infrastructure development with market-wide reach.
· NDTV Profit
MNRE Secretary Santosh Kumar Sarangi told NDTV Profit that India needs domestic and foreign capital to bridge the funding gap, with grid integration and transmission infrastructure key to achieving the 2030 target.
The analysis
Infra spending is both an economic-cycle signal and a direct order pipeline for capital-goods names.
Market context
- Sectors in the story: Infrastructure, Capital Goods & Engineering and Capital Markets.
Infrastructure
1M -10.5% · 3M -15.8%
Capital Goods & Engineering
1M -10.9% · 3M -5.3%
Capital Markets
1M -2.9% · 3M -6.3%
Sector moves are the average of the stocks we track in each sector.
In this story
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