India’s green investments to grow 5-fold to ₹31 lakh cr by 2030

India will see a five-fold growth in green investments to ₹31 lakh crore between 2025 and 2030, with a major chunk towards renewable energy, ratings agency CRISIL said in its flagship India Infrastructure Conclave 2025 held in New Delhi today.

“Of the ₹31 lakh crore investments foreseen, ₹19 lakh crore is seen going into renewable energy and storage, ₹4.1 lakh crore into transport and automotive sectors, and ₹3.3 lakh crore into oil and gas,” the agency said.

“This is a crucial part of an estimated $10 trillion investments needed through 2070 to achieve the country’s net-zero goals as per the Updated First Nationally Determined Contribution (NDC) under the Paris Agreement,” it added.

“As the fastest-growing large economy over the medium term, India has a window of opportunity to balance its developmental and environmental aspirations and priorities. Our energy needs will only accelerate from here, so a balanced transition to net zero is crucial,” said Amish Mehta, Managing Director and CEO, CRISIL.

“For sure, notable strides have been made towards our green goals. Based on the plans announced by the government and corporates, and progress on the ground, we estimate ₹31 lakh crore of green investments through 2030. Accelerating grants and incentives, scaling up blended finance initiatives with multilaterals, policy support and flexibility to drive initiatives for carbon market development and industrial decarbonisation are imperatives in the road ahead,” Mehta added.

During the event, CRISIL Infrastructure Yearbook 2025 containing the CRISIL InfraInvex, an index measuring the investability or ‘investment attractiveness’ of select infrastructure sectors since 2017 was also launched. “Mining and the EV ecosystem saw some loss of investment attractiveness. The mining sector can benefit from a sharper focus on critical minerals, while the EV ecosystem awaits the next round of policy interventions,” CRISIL said in a release.

“The latest scores indicate the momentum is stable or improving in most of the 12 infrastructure segments tracked on dimensions such as policy, regulation, financials, operations and sustainability. Four power-linked sectors — renewables, conventional generation, transmission, and distribution — have done well due to improving policy framework and investment opportunities,” it added.