India has become a more attractive destination for clean technology investments compared to China, with deals worth over $2.4 billion completed in the third quarter, according to data from BloombergNEF.

The increase in investments is driven by India's commitment to boosting local clean energy production and reducing reliance on Chinese technology. Experts in the industry, such as Raj Pai from GEF Capital Partners, point out the growing interest in the climate sector from both public and private investors, who see the potential for India to become a major exporter of renewable technologies.

This amount is more than four times the value of similar investments in China, making India the second-highest recipient of green funding globally, after the United States.

Experts in the industry, such as Raj Pai from GEF Capital Partners, point out the growing interest in the climate sector from both public and private investors, who see the potential for India to become a major exporter of renewable technologies.

• India has become a more attractive destination for clean technology investments compared to China
• The increase in investments is driven by India's commitment to boosting local clean energy production and reducing reliance on Chinese technology
• Experts in the industry, such as Raj Pai from GEF Capital Partners, point out the growing interest in the climate sector from both public and private investors, who see the potential for India to become a major exporter of renewable technologies