CII Outlines Vision 2030 for Sustainable Indian Industry
The Confederation of Indian Industry (CII) has outlined a comprehensive Vision 2030 for a sustainable future, focusing on a 'Low Carbon', 'Circular', and 'Balanced Ecosystems' approach. This ambitious plan aims to transform India's industrial sector by 2030, aligning with the global 'Decade of Action' for achieving sustainable development goals.
The 'Low Carbon' pillar emphasizes de-carbonization through renewable energy, green technologies, and carbon markets. Indian industry, a significant contributor to the national economy, must also address its environmental impact. CII's Vision 2030 sets a clear path for a low carbon future, encouraging businesses to mitigate climate risks and protect society from climate change impacts.
Green hydrogen is gaining traction, but the commercial viability of carbon capture and storage remains debated. Collaboration is key for a 'just transition', sharing the burden of upfront costs in the value chain. A holistic framework is needed to drive the entire ecosystem towards these goals through a collaborative approach.
The 'Circularity' pillar encourages a 'reuse and recycle' approach, requiring new business models and customer influence. The 'Balanced Ecosystems' pillar focuses on water scarcity, sustainable agriculture, and biodiversity conservation. Concerted efforts are needed to build a climate-resilient future.
CII's Vision 2030 provides a roadmap for India's industrial sector to become low carbon, circular, and collaborative by 2030. This ambitious plan, aligned with global goals, requires businesses to adapt, collaborate, and innovate. Successful implementation will contribute to a sustainable future for India and its people.
