WRI India’s Post

The Confederation of Indian Industry was the industry partner for 42nd Steering Committee meeting of IPHE (International Partnership of Hydrogen & Fuel Cells in the Economy) that was hosted in New Delhi for two days. The overall programme was for five days. Me and my colleagues at CII had to the opportunity to be part of Academic Outreach segment of the programme at IIT Delhi. It was an interesting experience to be with students and faculty, specialists in Hydrogen policy, regulation and technologies from across the world, and the industry at the same time. There was a quiz competition where most answers went over my head because they were about the #science behind Hydrogen and associated streams; nevertheless an amazing experience to witness a quiz after what felt like eons. There were posters on Hydrogen, too. This was followed by two days of steering committee meeting where what’s happening across this sunrise sector was discussed (learnings from the challenges). At a time, when geopolitics has challenged supply chains, it was interesting to witness 23 countries discuss creation of synergies in GH tech, #certification and standards. All this was aptly followed by a day-long Industry Outreach segment. A key determinant for the performance of #Hydrogen economy will be the cost of GH and whether it can be further brought down for smooth #transition from an average of approx $3.5/kg. Easy access to #technology will be crucial to this exercise. Sushmit Roy Tanya Suresh Brinda Sudan Paavnee kalia Surender Rai

Tamil Nadu secured investments of over Rs 6.64 lakh crore at the Global Investors’ Meet (GIM 2024) organized by the DMK government. 📌 Chief Minister M.K. Stalin announced the success of the summit, emphasizing manufacturing, renewable energy, and infrastructure sectors. 📌 The previous GIMs in 2019 and 2015, organized by AIADMK governments, drew investments of Rs 3 lakh crore and Rs 2.42 lakh crore, respectively. 📌 Initiatives like #TamilNadu Public Private Partnership Policy and Semiconductor and Advanced Electronics Policy 2024 were introduced at #GIM 2024. 📌 #TANFUND, a one-stop initiative for coordinating startup investments, was launched at the summit. 📌 The total investment is expected to result in direct #employment for 14,54,712 people and indirect employment for 12,35,945 others. 📌 The commerce and industries department secured Rs 3,79,809 crore, and the energy sector attracted Rs 1,35,157 crore. 📌 Chief Minister Stalin visited foreign countries to attract investors, leading to employment #opportunities for 17,371 people and an investment of Rs 7,441 crore. 📌 The GIM is part of Tamil Nadu's plan to achieve a $1 trillion #economy by 2030, focusing on #rural and #urban employment, especially for #women. 📌 Key MoUs include Tata Power Renewable Energy's Rs 70,000 crore investment in a #solar photovoltaic plant in Tirunelveli. 📌 Sembcorp Industries invested Rs 36,238 crore to establish a green hydrogen plant in Thoothukudi. 📌 Adani Green Energy pledged Rs 24,500 crore investment in Tiruvannamalai for employment generation. 📌 Leap Green Energy will invest Rs 22,842 crore in an integrated #green hydrogen plant in Thoothukudi. 📌 Chennai Petroleum Corporation plans a Rs 17,000 crore petrochemical project in Nagapattinam, employing 2,400 people. 📌 Kauvery Hospital pledged Rs 1,200 crore for multi-speciality hospitals across the state. 📌 Hinduja Group aims to invest Rs 1,200 crore to expand #automobile manufacturing in Tamil Nadu. 📌 Tata Chemicals signed an #MoU with a Rs 1,000 crore investment for a chemical manufacturing unit in Ramanathapuram. 📌 The goal of achieving a $1 trillion economy by 2030 led to the unveiling of investor-friendly policies. 📌 The public-private partnership policy for infrastructure development jobs was introduced to attract investments. 📌 The semiconductor and advanced electronics policy offers incentives to chip design entities employing people from the state. 📌 Chief Minister Stalin emphasized the need for public-private partnerships in infrastructure projects. 📌 The state's zeal towards industrial growth and development was reflected in the MoUs signed at GIM 2024. 📌 Multiple policies were launched to make Tamil Nadu more investor-friendly in its pursuit of economic growth. 📌 The summit aimed at playing a key role in India's economic growth with a focus on industrial growth. 📌 The success of GIM 2024 indicates the state's commitment to achieving ambitious economic targets.

Guesstimates help in estimating market potential, predicting trends, or quantifying uncertainties; they demonstrate our ability to analyze complex situations and make informed decisions amidst uncertainty. They're not obstacles; they're opportunities to showcase our capacity to navigate the unknown. Consilium, the Consulting and Strategy Club of IIM Kashipur, presents you with a mock estimate challenge. This is part of the solution series of guesstimate questions under the Foresight7.1 event. In this video, Shruti Dhakarwal and Vaibhav Jaipurkar will demonstrate and estimate the number of solar panels needed to power the whole campus of IIM Kashipur. #Solarpanel #SolarEnergy #Renewable #GreenEconomy #guesstimates #unveil #estimation #consilium #consulting #strategy #consultancy #mock #challenge #video #statement #problemsolving #interview #problem #iimkashipur #iiminthenorth #iim #mba

🎉 Let's celebrate the world of Micro, Small, and Medium Enterprises (#MSME)! The MSME sector in India employs over 100 million workers and is a major contributor to India's GDP and net exports. However, the industry is often engulfed with a lack of information and awareness, inefficient technologies, and excessive dependence on non-renewable sources of electricity. In order to achieve net zero, India must enhance the MSME sector through the adoption of energy-efficient technologies, digitalization for enhanced monitoring, and access to climate finance. Read more on GGGI's work in the MSME Sector: https://lnkd.in/grQHnsvn #MSME #India #greengrowth #sustainability #financing #technology #justtransition #energyefficiency

Ahead of #MSMEDay, join us for a webinar on the policy and financial aspects required to drive a clean energy transition among SMEs.   MSMEs play a key role in India’s economy, employing 12 crore individuals and contributing around 30% in Gross Value Added (GVA) to the GDP. While the sector is vast, it is also highly carbon intensive. Promoting decarbonization in this sector is vital for achieving India's net zero emissions targets.   Our webinar will explore the current policy environment and outlook to support SMEs with clean energy transition, highlighting the financial incentives that can facilitate this transition.   📅 Date: 26 June, 2024 🕓 Time: 2:30 pm IST Register here: https://bit.ly/4c3AFOH #msme #decarbonisation #energytransition

Success is a journey, Not a destination

The Alliance for an Energy Efficient Economy (AEEE) and Indian Institute of Technology, Kharagpur (IIT KGP) have signed a #MoU to collaborate on the advancement of #sustainabletransportation solutions in India. RCG School of Infrastructure Design and Management Satish Kumar Read More - https://lnkd.in/dntE-4hV #solarenergy #renewableenergy #EnergeticaIndia

Special Edition: Decarbonizing MSMEs through the Indian Carbon Market In this comprehensive exploration, Pooja C. sheds light on the indispensable role of Micro, Small, and Medium Enterprises (MSMEs) in India's industrial landscape, contributing significantly to the nation's GDP and employment. #CarbonMarket #MSMEs #Sustainability #GreenBusiness #CarbonCredits #CleanDevelopmentMechanism #KSKNewsletters

One of the best things about the just-held Tamil Nadu and Gujarat business summits was the huge interest shown by companies in the energy sector. And that augurs well for India in its journey towards becoming a developed nation. #viksitbharat #energy #investments #companies #vibrantgujarat2024