Energy sector India's best structural growth story: Jefferies strategist

Christopher Wood, global head of equity strategy at Jefferies, has identified India's energy sector as a compelling structural growth opportunity, powered by the transition to renewable sources like solar power.

According to Hitachi Energy India's CEO, energy demand is projected to rise by 50% by 2035, implying that electricity consumption could potentially double over the period. This expansion underscores the sector's growth potential amid India's push toward cleaner energy infrastructure.