India's renewable energy market is projected to grow from $48.2B in 2025 to $98.7B by 2031, driven by government targets of 500GW renewable capacity, declining solar and wind costs, green hydrogen initiatives, and increasing corporate PPA adoption across major industrial consumers.
Market Size
$48.2B
CAGR
12.3%
Base Year
2025
Forecast
2025–2031
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Onshore Drilling Market Analysis
India's renewable energy market is projected to grow from $48.2B in 2025 to $98.7B by 2031, driven by government targets of 500GW renewable capacity, declining solar and wind costs, green hydrogen initiatives, and increasing corporate PPA adoption across major industrial consumers.
Forecast
$48.2B → CAGR 12.3%
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