Retail investors are ignoring the classic signs of a bubble as valuations of smaller renewable energy companies continue to defy gravity.
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A late entrant, Bajaj is already the No. 2 player in electric three-wheelers. It is now banking on its ‘Chetak strategy’ to take the lead.
The US is racing to be part of an industry that hasn’t yet proved itself to be safe for the environment or good for business. India needs to wait and watch.
New green energy capacity was at an all-time high in FY25, but it masks some serious challenges facing India’s ultimate renewable energy target.