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Jun 19, 2025
India's clean industry financing challenges
India has big plans for clean industries—think green hydrogen and sustainable fuels—with projects worth $89 billion on the table.
But getting these ideas off the ground is proving tough: only one project secured full funding in the last six months, while dozens more are stuck waiting for cash.
TL;DR
India has locked in just $13 billion for these projects
So far, India has locked in just $13 billion for these projects, way behind China's $61 billion and the US's $54 billion.
Faustine Delasalle from MPP points out that high costs and slow demand are making things harder, but says there's hope if India can attract more support from development finance groups.
Globally, most clean industry projects are facing similar money troubles, with policy uncertainty slowing things down everywhere.