USAID-Sponsored Meeting Brings Investors
to Look at Emerging Green Businesses in India
April 26, 2007
NEW DELHI –New Ventures India, a program
funded by the U.S. Agency for International
Development (USAID), sponsored an international
conference today bringing together international
investors and experts on finance to discuss
development opportunities for environmentally
friendly businesses in India.
The conference,
“Emerging Business Opportunities in India and
Venture Capital Finance,” was organized by the
Confederation of Indian Industry-Sohrabji Godrej
Green Business Center and the Indian Venture Capital
Association.
Speaking at the
inaugural session, USAID India Mission Director
George Deikun said, “With New Ventures, India aims
to create a pipeline of profitable and environment
friendly enterprises. Over the next few years, this
initiative will create a universe of investors,
business leaders, partner organizations, government
organizations, and sponsors which will support the
program and its goals.”
New Ventures
India’s goal is to achieve at least 61 crores Indian
rupees ($15 million) invested in at least 20
sustainable and green businesses by 2008 in areas
such as green building materials, energy efficiency
products and services, renewable energy, and water
products and technologies.
Related Link:
Read text of
George Deikun's speech
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