With a population of over 1.2 billion people and set to become the world’s most populous country within 10 years, it’s not surprising that India has enormous and urgent energy demands. India occupies just 2.8% of global land area and currently has over 17.5% of the world’s population. With such crushing population density amid a population explosion, India is compelled to turn to renewable, sustainable alternative energy solutions. Subsequently, the Indian government has adopted policies which promote renewable energy technologies, including solar, wind, biomass, geothermal and others.
In spite of and because of the expanding population, India is projected to exceed annual economic growth forecasts for decades to come. During the last decade India’s economic growth averaged around 8% per year and is on the verge of a super growth stage. The driving factors of this explosive economic growth are the demographics. India is unique among emerging markets and developed countries. India has a population which over half is under the age of 25 and a literacy rate that exceeds 75% of the population. No other major emerging market has such explosive demographic advantages. A young and highly literate population tends to drive growth and investment at accelerated rates.
With such favorable government policies and this type of projected economic growth, opportunities are abundant for companies like Pan Global, Corp. (PGLO). Pan Global is focused on developing a series of highly environmentally sustainable and high ROI projects with many of the current opportunities concentrated on projects in India.
Pan Global is specifically focused on the following immediate opportunities:
• The development of small Hydro power generation projects in India
• The development of Solar PV projects in India
• The development of Hydroponic agriculture under controlled conditions in India
• The development of mega-watt scale Geothermal power projects in India
By leveraging relationships Pan Global has already:
• Connected their first Hydro project to the power grid
• Launched development of a Solar Ecommerce Marketplace for India
• Commenced the design for a Hydroponic Greenhouse in North India
• Started discussions with a prime player in India’s Geothermal industry
Although ambitious, Pan Global is determined to garner more than their share of the projected $10.5 billion renewable energy market in India.
For more information, visit www.PanGlobalCorp.com
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