RailTech Expo 2024


  • India is 3rd most attractive for Renewable Energy investments and deployments.
  • FDI up to 100% is permitted in this sector under the Automatic route and no prior Government approval is required.
  • The cumulative FDI equity inflow in the Railway related components industry is USD 11,623.65 mn during the period April 2000 to March 2022. This constitutes almost 2.1% of the total FDI inflow received across sectors.
  • In the Union Budget 2022-23, the government allocated Rs. 19,500 crore (US$ 2.57 billion) for a PLI scheme to boost manufacturing of highefficiency solar modules.
  • Rising foreign investment in the renewable sector (such as the US$ 75 billion investment from the UAE) is expected to promote further investments in the country.
  • India aims to become a net-zero economy by 2070 and has set a target of installing non-fossil energy capacity of 500 GW by 2030.
  • The transition to a low carbon energy regime has the potential to account for $5 trillion to $7 trillion worth of economic opportunity.
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