INDIA MARKET LENS
2 outlets◆ MixedEnergy Transition

Jefferies’ Chris Wood calls energy India’s best structural growth story; names Hitachi Energy as picks-and-shovels play

Indian markets moved higher in an energy transition development.

25 Sept 2026 · Economic Times Markets, ET Stocks

Christopher Wood, the global head of equity strategy at Jefferies, identifies India's energy sector as a promising arena for growth, driven by the shift toward renewable energy sources like solar. Hitachi Energy India's CEO anticipates a significant 50% increase in energy demand by 2035, suggesting that electricity consumption could double.

The shift to renewables is redrawing which energy names are structural winners versus stranded.