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Cleantech Market to Set Phenomenal Growth from 2020 to 2024

JULY 24, 2020:   Clean Technology  or cleantech is an industry that improves operational performance, efficiency and productivity of the environment by reducing costs, inputs, energy consumption and waste. It is also one kind of investment philosophy used by various investors who wish to make profits from environment-friendly companies. India represents a key market for clean technology industries as it is investing billions in this sector, along with receiving foreign direct investments (FDI). Cleantech is generally used to describe the companies who deal with energy and water resources, and manufacturing and agriculture. It is also called green technology or green tech, focusing more on sustainability rather than profitability. Clean technologies include a broad range of technologies, mostly related to recycling, renewable energy such as wind power, solar power, biomass, hydropower and biofuels. Various initiatives have been taken by the government of India to support the cl...