The market size for Clean Technologies in India
June 13, 2008India offers an extremely attractive market for Environmental Technologies, Equipments and Services. The total market size is estimated at USD 5.29 billion in 2007. Since the early 1990’s the market for clean technologies has been growing at an annual growth rate of 15%. The sector-wise market size of Clean Technologies is presented in the Table below:
|
Sectors |
Market Size($ billion) as on 2007 |
Est. growth Rate (%) |
|
Energy Efficiency & Renewable Energy |
3.00 |
15.00 |
|
Water & Water Treatment |
1.24 |
6.00 |
|
Solid Waste Management |
0.41 |
10.00 |
|
Air Pollution Control |
0.41 |
15.00 |
|
Environmental Consulting* |
0.12 |
20.00 |
|
Hazardous Waste Management |
0.10 |
7.00 |
|
Total |
5.29 |
15.00 |
Source: U.S. & Foreign commercial service and U.S. Department of State as on 2006
* Providing knowledge based services for implementing environmental initiatives
