New Delhi, Dec 13 (KNN) Bank of America Corporation has predicted that next year India’s renewable energy sector may attract investment worth USD 10 billion. 

According to the lender’s President and India country head, Kaku Nakhate deals and investments will continue to flow into areas such as electric vehicles and green hydrogen. 

He said this as investors look to reflect the energy transition in their portfolios. 

“If you really have to get your ESG story right, and if you are into energy, then you can do large pieces of work in India,” Nakhate said.

As India pulls ahead of emerging market rivals in attracting overseas investors, sectors such as renewable energy and retail are set to benefit.  (KNN Bureau)