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Energy & Economic Indicators
Welcome to the website of Karandikars & Associates
India is the 4th largest economy in the world with GDP of ~$4 trillion, and is one of the fastest growing. It is expected to be the 3rd largest by 2027-28
Energy sector is core to the economic growth. Various forecasts of overall energy needs in India by the end of next 20-25 years converge at 4 to 5 times the current level
India is no longer a small player in the global economy, rather is now a major influencer and the entire world is keenly watching India for its course in the coming years
Viksit Bharat (Developed India) 2047 is the government's vision to drive the mission of making India a completely developed nation by its 100th anniversary of independence in 2047. The primary economic objective is to achieve a substantial GDP, with targets ranging from USD 30 trillion to USD 40 trillion by the year 2047. This economic expansion is expected to drive a significant increase in per capita income, aiming for levels between USD 15,000 and USD 18,000
India has pledged to achieve net-zero emissions by 2070, with interim goals for 2030 including reducing the carbon intensity of its GDP by 45% and increasing non-fossil fuel energy capacity to 50%. India's strategy involves developing renewable energy, improving infrastructure, adopting energy efficiency measures, and implementing policies across sectors like transportation and agriculture
This website aims to give considerable insights into Indian and global economy and all segments of energy industry, by presenting all the key indicators
Simultaneously, it aims to provide regular updates on major developments in the sector