Citigroup sees India luring $100 billion in foreign investment

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Citigroup's K Balasubramanian forecasts $100 billion in foreign investments in India for high-tech manufacturing, infrastructure, and climate projects, aiding net-zero goals.

The country has pledged to install 500 GW of non-fossil fuel energy by the end of the decade, and aims to secure $1 trillion in investments in solar power to meet its 2070 net-zero pledge.

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Article Details

Author / Journalist: Bloomberg

Category: Business

Markets: IndiaChina

Topics: Reliance industries ltd. Investment Citigroup Sustainable energy India foreign investment Electric vehicles

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-19 @ 09:42:09 (5 days ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 727 words

Reading Time: 5 minutes read

Sentences: 27 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 21760569

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About Economic Times

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Official Website: economictimes.indiatimes.com

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Year Established: 1961

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News Last Updated: 8 hours ago

Coverage Areas: India

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Publisher ID: #84

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