NEW DELHI--February 26, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--The Indian state of Karnataka is attracting heavy investment for "green" chemicals and has emerged as the leading Indian state for these projects with 69 active planned projects worth US$16.38 billion. These projects include green hydrogen and its derivatives, such as green ammonia and green methanol and nitrogen air separation units (ASUs), and supporting utilities like desalination plants, hydrogen storage facilities and renewable power plants. ABC Cleantech Private Limited (Hyderabad, India) is the highest investor in the state, with 12 active projects worth US$5.8 billion, followed by ACME Group (Haryana, India) with seven active projects worth US$5.56 billion.
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