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Garvit Sahdev, Shruti Jindal, Abhishek Jain
April 2021 | Sustainable Livelihoods
Suggested Citation: Sahdev, Garvit, Shruti Jindal, Abhishek Jain. 2021. Solarvastra: Is Renewable Energy-powered Sustainable Fashion a Real Market Opportunity? New Delhi: Council on Energy, Environment and Water.
This Powering Livelihoods market research report provides insights on the current state and the potential for Solarvastra - a fabric produced using solar charkhas and solar looms. The usage of solar power provides a unique value proposition for these 100 per cent renewable energy-based products. The report highlights key geographies suitable for expansion across the cotton value chain, supporting policy landscape and competition. It captures the serviceable market size and major market segments that entrepreneurs can target for apparels, fabric and government procurement.
Powering Livelihoods, a USD 3 million (INR 21 crores) initiative by CEEW and Villgro, is mainstreaming clean energy-based solutions in India’s rural economy. It provides capital, technical, and sectoral growth support to help social enterprises deploy a large number of clean energy-based livelihood solutions in a gender-inclusive manner.
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SAM for Woven Cotton Garments: USD 2.4 Billion (INR 17,300 Crore)
Source: Author's analysis