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Divyansh Ameta

Stealth • 11m

The entire energy industry is transitioning towards renewable sources, with wind, solar, and tidal power gaining prominence. Much like the gold rush, there's a race to capitalize on this shift. I'm contemplating which industry could emerge as the 'shovel industry' of renewable energy – a crucial support system that thrives while the sector booms. For instance, just as the shovel industry prospered during the gold rush, industries like battery manufacturing, grid infrastructure development, and energy storage solutions could play pivotal roles in supporting and enhancing the renewable energy sector's growth. What are your thoughts on this, and which industries do you believe have the potential to be the backbone of renewable energy?"

9 replies18 likes

Replies (9)

Lokeshwar Srinivasan

Stealth • 11m

I dont know if it will be huge enough to be callee as a showel industry, but I see a good opportunity for portable Tyre inflators. If you get an Ev, you are less likely to go to a petrol bunk and that where people usually fill air. Having a portable one will come in handy. Every Ev owner is a potential buyer.

1 replies1 like

Anonymous 7

Stealth • 11m

EV and anything that saves the environment.

0 replies1 like

Anonymous 6
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upGrad • 11m

Shovel industries here will definitely wires and cables. Their demand will shoot up crazily. Check last 1-2 years performance of Polycab, Havells and KEI industries. Other industrial consumables will also do great.

0 replies2 likes

Niket Raj Dwivedi
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Medial • 11m

I think EV will be at 90% soon when it comes to vehicles. One of the best ideas would be to setup EV production facilities (maybe for car or batteries or other components/chemicals required) and them white labelling them for other brands.

0 replies4 likes

Anonymous 5
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slice • 11m

I see a lot of random shops and buildings have these small charging units to charge scooters in front of their buildings. It provides passive income to these people.

0 replies3 likes

Anonymous 4
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Swiggy • 11m

Power stations to charge EV is a great scope.

0 replies2 likes

Anonymous 3

Stealth • 11m

Battery recycling will become big. The fact that batteries will keep dying is a great opportunity to solve.

0 replies3 likes

Anonymous 2

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Critical mineral mining might.

0 replies3 likes

Anonymous 1

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Storage industry, manufacturing plants as well as superconductor industry.

0 replies3 likes

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