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India will incur capex of $410 billion from 2015-30 to fight pollution: BofA Securities

Updated : December 08, 2020 03:52:17 IST

Amish Shah, India equity strategist at Bank of America Securities (BofA) has written a report on India’s fight against pollution and said country will incur capex of $410 billion from 2015-30 to fight pollution.

Speaking in an interview to CNBC-TV18, he said, "In this report, we have taken a bottom up approach to understanding what is India doing to solve the pollution issue and connected to stocks and sectors.”

“Overall, we have identified 7 themes and 25 sub-themes that’s likely to play out as India fights the pollution," Shah said.

According to him, carbon dioxide emission will reduce by 1.1 billion in India over next 15 years.

For the entire interview, watch video.
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