Of all the large worldwide economies, India’s is the one that is making a
lot of headlines among investors and companies looking to invest. While the
world in general struggles and battles its way out of a recession, India has
continued to thrive as an emerging economy, and the power of its 1 billion-plus
population will soon come to bear on the entire world economy. Its current GDP
growth is about 8 percent a year, or about seven times greater over the last
several years than the United States.
India’s population is younger, dynamic and more tech savvy than other
economies, and the sheer size of the population in connection with the
technology makes India a very large energy-demander but not a large
energy-supplier. To increase its domestic energy production, India has in
recent years made a commitment to leveraging its resources to create electric
power within India’s borders, and it has chosen to do so through alternative
means like wind, solar, nuclear and hydro forms of electricity generation.
Pan Global, a U.S. based company emphasizing alternative energy
production and technology, has staked its claim in India and is working with
the India government on its renewable-energy initiative designed to help the
country bring its supply of electric power up to meet the rapidly increasing
demand.
India is making headlines in alternative energy by having the world’s
largest solar farm, and the country is continuing its aggressive push with
solar and wind-generated power. While there is a way to go, the large growth
potential in India and for Pan Global Corp. is evident.
For more information, visit www.PanGlobalCorp.com/
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