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Green Energy plays major role in the green technology market in India.
Green Energy plays major role in the green technology market in India. Other significant market sectors include water and wastewater treatment and electric vehicles (EV). India has installed 111.39 GW capacity of the green energy in FY 2022, aims to reach 287.34 GW by FY 2027. The EV market made a sale of 429,710 units in FY 2022 in India, expected to expand at a remarkable CAGR of 66.73% between FY 2023e and FY 2027e period. The market for water and wastewater treatment in India is anticipated to generate INR 251.93 billion in revenue by 2027, growing at a CAGR of 8.41% from 2022 to 2027.