Did you know? China’s shift from agriculture to manufacturing during the 2000-2010 period created a massive demand for power. Power demand grew at an impressive 12% CAGR during this decade.️
In contrast, India took a different economic route by transitioning from an agriculture-based economy to a services-based one. However, India is now making a significant shift towards manufacturing, and this transformation is set to create a substantial demand for power.
India’s manufacturing story is just beginning, and it promises to lead to a huge surge in power requirements. As the nation gears up for this new phase, the energy sector is poised for significant growth and investment opportunities.
Participate in India’s Energy Story
Invest in ICICI Prudential Energy Opportunities Fund and be part of India’s booming energy demand. ️
NFO period: 2nd July 2024 - 16th July 2024.
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