Mitsui announces its plans to enter India’s renewable sector

Japan-based Mitsui Group is planning to invest in India’s clean energy sector. With solar and wind tariffs touching a record low due to falling equipment prices and competitive capital there is increased international investor interest in the market. The Japanese government has appointed the Mizuho Financial Group to look for investment opportunities in India. Japan has pledged an investment of Rs 2.12 trillion between 2014 and 2019 to boost India’s manufacturing and infrastructure sectors.