The summit aims to channelize deliberations to catalyse growth and investments in clean technologies, address pitfalls, uncover new trends and put forth solutions towards the development of Clean Tech industry. (Anuj Khanna, Chairman, CII WUP Zonal Council & Managing Director, C&S Electric Ltd.)
For a country of the size as ours, Cleantech solutions for fulfilling our economic needs in a sustainable and environment friendly manner presents a huge business opportunity for players who are game for the challenge. (Shalabh Srivastava, Country Director, RTI International – India)
Way forward
India, being the seventh-largest country by area, second-most populous country with a large cohort of youth adults and one of the fastest growing economies across the globe, opens up a huge market opportunity for the clean tech sector, especially for the PV, battery, electric vehicles, energy efficiency services, waste management solutions and technological innovations.
With rapid urbanization and industrialisation, bulging middle-class and rising income levels, innovative and sustainable solutions are fast becoming popular in India.
There seems to be a huge upside for the investors in the clean tech sector, enabling large corporates and start-ups to access finance, with strong policy support from the national and state governments and its affiliates. The development in the clean tech sector is poised to spur employment and dissemination of skills for the New India.
What is needed to harness this potential is an enabling policy environment by the Government, a certain streak of bold investments by the private sector, and sheer grit and determination by the Indian talent pool to work diligently to make the cleantech sector the next growth engine for the Indian economy. All ingredients are falling in place, and the timing seems just right! We could be poised for a clean and rich future if all stakeholders play their part right.
