ETMarkets’ Investors Guide: Has RIL set new green standards for India Inc?

Welcome to ETMarkets’ Investors Guide, a show about asset classes, market trends, and investment opportunities. This is Sandeep Singh.

On June 24, one of India’s largest business conglomerates, Reliance Industries, laid out a $10 billion plan to help itself transition into an eco-friendly avatar. Following RIL, Adani Group spoke about its ambition to become carbon negative, while Tata Group has also elucidated plans for producing only electric vehicles in the future.

To the common man, the green revolution is still an alien concept, yet there is considerable understanding that humans must change their ways if they want to protect the planet.

ETMarkets’ Chiranjivi Chakraborty caught up with Satish Ramanathan, CIO – Equity at JM Financial AMC to understand the implications of RIL and other corporate groups going green, the potential of the green economy in India and how investors can benefit from this multi-decade theme.

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Q. In the wake of RIL’s $10 billion green energy initiative, how do you see the potential for the green economy going ahead in India?

Q. There is a view that since the transition to a green economy cannot be overnight, fossil fuels like oil could in fact surge in price in years to come due to lack of investment. Do you think investors can play it as a contrarian theme?

Q. How is JM Financial AMC preparing for the green future both as an AMC and in terms of your investment decisions? Are you actively scouting for stocks that could be big winners in this theme?

Thank you, Chiranjivi and Mr. Ramanathan, that was indeed a very insightful conversation.

That’s it in this week’s edition of the special weekend podcast. Do come back next Saturday for this weekly special. You can check out our regular podcasts on the equity market twice every week day on ETMarkets.com.