India's Clean Industrial Projects Pipeline

pipeline with some projects at fid stage

India holds the world's third-largest pipeline of low- and near-zero-emission industrial projects after China and the U.S. However, only six projects have reached the Final Investment Decision (FID) stage. The projects face challenges such as uncertain clean demand, high capital costs, regulatory bottlenecks, and weak infrastructure. Financing and market issues, including the absence of long-term offtake contracts and reliance on equity financing, are delaying first-of-a-kind clean industrial projects. The Industrial Transition Accelerator's (ITA) Project Support Programme aims to align policy, demand, and finance to fast-track India's clean manufacturing transition and address these challenges.