Energy Investments in India have become a booming and lucrative topic. It is the second fastest growing clean energy market, and many people are choosing Indian energy investments, as opposed to other countries. Energy investments in India are a smart choice at this point because they have seen increasing massive jumps in investments.
Energy Investments in India: Why you should Choose India for your Investments
Energy investments in India are increasingly a smarter and smarter choice for your money. India currently ranks sixth among the 20 leading economies of the world and from 2010 to 2011, investments saw more than a 50% increase. Clean energy investments in India reached 10.3 billion last year. This was the highest growth out of all the countries in the world. As India becomes more and more of an urbanized society, investing in energy can be very successful. By deciding to put your money into energy investments in India, you could quite possibly be able to reap the benefits of a still growing and urbanizing society. India has been said to have a competitive edge against China, and it is definitely the country to watch right now. Another plus to energy investments in India is that the country has so much room to grow into itself and expand on these resources which gives investors a competitive advantage.
Energy Investments in India: What type of Energy Investments?
The best energy investments in India are construction, mining, power, goods, and telecommunications. Power is currently an extremely in demand necessity. The power system is not set up to handle the amount of people in India and it only reaches a small part of the population.
Energy investments in India including solar and wind are booming and the most sought after because of their growth in the past couple of years. Solar investments have risen from 600 million in 2010 to 4.2 billion in 2011 and it continues to rise. This is a tremendous increase, and almost anyone would see this rise as a benefit to Indian energy investments.
As far as wind energy investments in India go, 4.6 billion were invested this past year. India has the 3rd most installations of wind power in the world, behind China and the United States. These statistics are proving more and more how India is closely trailing behind China and the United States, two powerhouses.
Construction is also a major investment in India, because India is in the process of modernizing. Roads are being built and repaired to be able to support the population. Buildings and housing are also drastically increasing to suit the needs of the ever-growing middle class. So, to support that increase, opportunities for energy investments in India lie in companies that are involved in construction of many things.
Mining is another great investment in India. Coal reserves have been tapped out to supply the growing population of India. Investments need to be made to dig to underground mines and to be able to get new technology for these processes.
So as we see in this article, Indian energy investments are becoming a booming business. Any person looking to invest would see that there are so many options of where to put your money and they are all on the incline. Seeing the growth that has occurred in the past year can only predict what these next couple years has to offer. Solar and wind have increased at such a rapid rate that investing at this time would be a great choice. A country on the uphill that is urbanizing, offers many opportunities for growth.
[…] The growing industrialization of India has put a strain on the power grid. During peak periods Indian power companies are delivering 10% less power than is needed. The grid is also plagued by frequent blackouts and doesn’t even reach a quarter of the population (over 300 million people). There is a great demand for an upgraded power infrastructure as well as new sources of renewable power and that is why energy investments in India is a great choice for investors to spend their money. […]