At the ET Alpha Wealth Summit, Nilesh Shah, head of Kotak Mahindra Asset Management, stated that achieving energy self-sufficiency in India will be the main investment theme of the next decade.

Electrification as a driver

According to Shah, the country is actively moving to reduce import dependence through accelerated electrification. Key areas include solar energy, energy storage systems, and nuclear power. A large-scale upgrade of transmission infrastructure will also be required.

Rare-earth risks

The transition to electric vehicles (EVs) may face challenges due to dependence on rare-earth metals, requiring supply diversification and recycling technology development.

AI as the wildcard

Shah noted that artificial intelligence remains an unpredictable factor. AI could both accelerate the adoption of green technologies and create new risks for the energy system.

VirtCardPay takeaway

For virtual card users interested in long-term investments, the Indian energy sector could be a promising niche. However, remember that all investments carry risks, and decisions should be based on your own analysis.

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Sources

This material is for informational purposes only and is not financial advice. Data and service terms may change, so check primary sources before making a payment or investment decision. Mentions of third-party brands and services do not imply official partnership, support, or endorsement by VirtCardPay.
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