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India’s Manufacturing Sector: Embracing Resilience and Environmental Consciousness

By Zetwerk Editorial Team

Summit Blogs

23 May 2024

India’s pivotal moment to be an environmentally conscious manufacturer is now.

In a panel discussion at the ZETWERk Smart Manufacturing Summit, 2024, our distinguished guests, Mr. Anurag Jain, Secretary of Road Transport and Highways, and Mr. Bhupinder Bhalla, Secretary of the Ministry of New and Renewable Energy, had a discussion critical to India’s industrial prowess and global standing with Parikshit Luthra, Editor & Chief of Bureau, CNBC-TV18. 

Driving Logistics Efficiency and ‘Make in India’ Momentum

Mr. Jain started by recounting India’s logistical transformation. He highlighted the logistics policy unveiled in 2022, which raised India’s Logistics Performance Index (LPI) rank from 44 to 38. Noteworthy achievements included the Delhi-Mumbai expressway project, which significantly reduced travel time and costs, emblematic of India’s commitment to a robust supply chain.

Mr. Bhalla then emphasized decarbonization as a cornerstone of India’s manufacturing narrative. He articulated the Government of India’s vision to achieve 50% electricity from renewables by 2030 and a monumental 500 gigawatts of non-fossil electricity capacity, underscoring India’s pledge towards sustainable industrial growth.

Navigating the Renewable Energy Transition

Mr. Bhalla presented a strategic roadmap devoid of rigid mandates but rich in incentivization. The Renewable Purchase Obligation (RPO) framework emerged as a subtle yet potent lever, nudging industries towards greener practices without stifling autonomy.

Catalyzing Collaboration and Investment

Mr. Jain expounded on initiatives like PM Gati Shakti and the green hydrogen mission. These collaborative frameworks not only fostered technological innovation but also dismantled bureaucratic silos, paving the way for efficient capital expenditure and amplified outcomes.

The Green Hydrogen Frontier

When the conversation moved to green hydrogen, Mr. Bhalla painted a canvas of progress and promise. The Green Hydrogen Mission’s ambitious targets and the industry’s enthusiastic response underscored India’s emergence as a global player in the renewable energy landscape.

The Road Ahead: Innovation, Integration, and Sustainability

The sustainability narrative came to the fore with Mr. Jain explaining the GoI’s vision for road and highway development. A scientific approach fueled by data-driven insights and collaborative platforms like PM Gati Shakti promised an era of integrated multimodal planning, unlocking efficiencies, and optimizing resource allocation.

Renewable Energy Renaissance: Solar, Wind, and Beyond

Mr. Bhalla elaborated on India’s renewable energy odyssey, from the soaring heights of solar energy deployment to the burgeoning prospects in wind energy, both onshore and offshore. The vision for a fully integrated supply chain in solar energy and the burgeoning interest in offshore wind projects painted a picture of India’s renewable energy renaissance.

Navigating Electric Vehicle Transition

The dialogue on sustainable manufacturing culminated in a discourse on electric vehicles, where targeted subsidies, regulatory frameworks, and industry collaboration emerged as the cornerstone of India’s electric mobility journey.

Innovation, inclusion, and sustainability emerged as the keystone of India’s industrial evolution. The dialogues of Mr. Jain and Mr. Bhalla resonate not just within the corridors of policymaking but also in the echelons of global discourse, positioning India as a formidable force driving the narrative of a sustainable and inclusive future. 

As the wheels of progress turn, India’s manufacturing odyssey unfolds, charting a course toward resilience, agility, and sustainability in the era of smart manufacturing.