Affirming that Indian Industry would continue playing lead role in building a low-carbon Indian Economy, CII said that it believes that Indian Industry is well-positioned to deliver 20 to 25 per cent emission intensity reduction.
The goal can be met as it is apparent from the past successes achieved in industrial energy efficiency, renewable energy, green buildings and clean conventional energy technologies, CII said in a statement.
“Indian Industry will continue to adopt smarter, cleaner growth strategies to improve its efficiency and competitiveness and to help build a low carbon economy in India and globally"; says Mr. Jamshyd N Godrej, Chairman, CII Climate Change Council.
CII substantiates its stance on the evident signs seen in the country's industry, including India's increasing participation on the global economic front through outsourcing and IT deals allowing the country to acquire climate friendly technologies along with the fact that the 8 per cent growth rate has been achieved with less than 4 per cent growth in energy consumption.
Based on the recent CDP report released by CII and its partners, the confederation also notes that many Indian companies are already disclosing their carbon foot-prints and undertaking voluntary measures to cut carbon emission without experiencing any hindrance to growth.
These steps being taken by the Indian Industry will certainly have several social, economic and energy co-benefits such as health benefits, new business opportunities and enhancement of India"s energy security, CII said.