A joint report by Deloitte India and the Rainmatter Foundation says investment of about USD 1.5 trillion in climate initiatives could create over 5 million jobs and generate USD 3.5-4 trillion in annual economic output by 2030


Investing in climate action could add more than 5 million jobs to India’s economy by 2030, according to a report released by Deloitte India and the Rainmatter Foundation. The report, The State of Climate Response in India, estimates that achieving this goal would require an investment of around USD 1.5 trillion within the same timeframe.

The report states that this investment could generate between USD 3.5 trillion and USD 4 trillion in yearly economic output, supporting employment in manufacturing, operations and maintenance, green materials, feedstock aggregation, warehousing and logistics.

Deloitte’s analysis notes that India’s changing rainfall patterns, temperature shifts and biodiversity loss are increasing the cost and complexity of climate adaptation. It calls for systemic transformation, urging policymakers, corporates and civil society to adopt an integrated approach to climate risks.

“India’s climate response must evolve from scattered initiatives to a shared mission that rewires how we build, invest and innovate,” said Ashwin Jacob, Partner and Energy, Resources and Industrials Industry Leader, Deloitte India. He added that the opportunity lies in turning intent into infrastructure with policies that de-risk capital and scale sustainable solutions.

Prashanth Nutula, Partner, Deloitte India, said green job creation depends on coordinated climate action between policymakers, corporates and communities. “The path forward lies in building alliances, mainstreaming sustainability into business strategies and nurturing a culture where every action counts,” he said.

The report includes findings from Deloitte’s 2025 Citizen Climate Survey, which shows that 86 per cent of Indians feel tangible climate impacts, with one-third facing disruptions to health and livelihoods. However, only 22 per cent remain inactive, mainly due to doubts about personal impact and limited awareness.

A separate Corporate Climate Readiness Survey reveals that 47 per cent of companies report health challenges among employees caused by changing environmental conditions, while 44 per cent cite shifting consumption patterns and regulations as operational hurdles.

The report concludes that building climate-resilient systems will require unified governance across national, state and local levels, better data and stronger research-policy-industry linkages.