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Jefferies Picks India's Energy Sector As Top Growth Bet

Reported by Manish Reddy (Senior Writer) · Economic Times - Markets ·

Unconfirmed — Reported by one source so far

Reported by one source so far

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Jefferies Picks India's Energy Sector As Top Growth BetRepresentative image · Pexels

India's energy sector stands out as the country's best growth story according to Christopher Wood, who leads global equity strategy at Jefferies. This growth path is pushed forward by a major shift toward renewable power sources like solar energy. Along with this view, the CEO of Hitachi Energy India expects energy demand to jump by fifty percent by the year 2035. The same outlook points out that overall electricity use in the country could even double over time, making this market a key space to watch for future investments.

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