The country is projected to see impact investments worth up to $40 billion by 2025 as the country is in a "sweet spot" with high potential to deliver solutions for various problems, according to global grouping Global Impact Investing Network (GIIN).
Based in New York, the GIIN is a not-for-profit group that works to promote impact investments and has around 230 members.
Generally, impact investments refer to those made with the aim of having a social and environmental impact along with the investors getting financial returns.
GIIN's Advisor for South Asia, Anil Sinha said, there has been a tremendous development