Is India the next emerging market powerhouse?
Moody's Talks - Emerging Markets Decoded
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The Challenges of India's Energy Transition
India's carbon emissions will peak in 2040-45, and its net zero target is set for 2070. The near-term target that India has set for itself is for the year 2030. And that is towards reducing carbon emission intensity to its GDP by 45% from its 2005 levels. So carbon intensive sectors such as cement and steel would face some decarbonisation challenges but they won't be substantial.
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