In Other words, Clean technology is Economically competitive and productive technology that uses less material and/or energy, generated less waste, and causes less environmental damage than the alternatives. India alone attracts around $8 billion to $14 billion from ventures and private equity funding for Clean technology.
“Investors find the (clean tech) sector attractive because of two reasons primarily – the phenomenal growth possibilities in India, tied with the demand and supply situation that is prevalent here,”
‘Clean technology is not limited to generate energy with a smaller environmental footprint and minimize pollution. There is a global drive to adopt clean technology solutions due to the current and future effects of climate change. Governments around the world are now adopting to a greater or lesser extent, regulatory regimes that require industry and individuals to reduce their environmental impact.
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