The Commerce Ministry of India has underscored the extensive investment opportunities available within the country, amounting to over US$ 500 billion by 2030. These opportunities are particularly prominent in the clean energy sector, encompassing renewables, green hydrogen, and electric vehicles (EVs). Representing India at the Indo-Pacific Economic Framework for Prosperity (IPEF) Clean Economy Investor Forum in Singapore, Secretary Mr. Sunil Barthwal highlighted the country’s potential in attracting investments in sustainable infrastructure, climate technology, and renewable energy projects.
The two-day forum brought together prominent investors, clean economy companies, and startups to explore investment opportunities in the Indo-Pacific region. More than 300 participants from financial institutions, multilateral development banks, venture capital funds, project owners, entrepreneurs, and government agencies engaged in active discussions and presentations. The forum notably identified investment opportunities worth US$ 23 billion for sustainable infrastructure projects in the Indo-Pacific. Additionally, the IPEF Catalytic Capital Fund was launched, supported by founding members such as Australia, Japan, Korea, and the US, aiming to promote quality, resilient, and inclusive clean economy infrastructure projects in emerging economies. Additionally, a group of investors, including Singapore’s Temasek and GIC, pledged US$ 25 billion for infrastructure investments in these markets.