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India's GDP will rise by $406 billion by 2050 and more than 43 million jobs will be created, as the Asia's third-largest economy leaps towards a net-zero target, according to a report by Observer Research Foundation (ORF). At the 2021 Climate Change Conference, also known as COP26, India outlined a net-zero emissions target by 2070 for India. Also, India is targeting to increase its low-carbon power capacity to 500 GW by 2030, and meet 50 per cent of its energy requirements from renewable by 2030.