Advertisement

Help
You are here: Rediff Home » India » Business » Slide Shows » Photos
Search:  Rediff.com The Web
  Email this Page  |   Write to us

Back Next

Who will ride India's 'Next Wave'?

June 8, 2008

Private education in India is growing more than 30 per cent per year, and the profitability of this sector exceeds that of most North American institutions.

Companies like Manipal Education are at the forefront of this growth as they continue to develop innovative solutions to meet the increased demand.

Environmental services is becoming one India's the fastest-growing Next Wave Verticals, as an increasingly industrialised economy and wealthy population elevates the need for clean air and water and the recycling of scarce natural resources.

The Indian government is looking to the private sector to build and manage numerous aspects of environmental services to include waste-water treatment, hazardous waste disposal and air-quality control systems.

Considering that approximately 70 per cent of India's cities do not have adequate waste-water treatment, the financial opportunities in this area alone are significant.

India's carbon-credit market is currently valued at $5 billion and is expected to double to $10 billion by 2009.

This will create a significant opportunity for carbon-capture equipment and for environmental consulting services that focus on reducing greenhouse gases.

Image: Advocates pose by solar panels, wearing sunburst headdresses, as they join in a parade organised by the environmental group Greenpeace | Photograph: Jay Directo/AFP/Getty Images

Also read: Tinseltown: Hooray for Bollywood
Back Next

Powered by

© 2008 Rediff.com India Limited. All Rights Reserved.Disclaimer | Feedback