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