Courtesy: C4i4
C4i4 is a part of the Government of India's Samarth Udyog initiative, and aims to hand-hold micro, small and medium enterprises (MSMEs) in the journey towards digitisation. Though MSMEs account for 45% of manufacturing output and 40% of exports, almost 90% of them lack access to markets beyond their limited geography. C4i4 helps them scale productivity and quality, and compete in global markets.
Courtesy: Piramal Glass
In Dec 2020, U.S. private equity firm Blackstone acquired a controlling stake in Piramal Glass, in recognition of its inherent business value and accelerated digital journey. The plant in Kosamba, Gujarat, is an export powerhouse which has adopted digital technologies like IoT and cloud, and is a lodestar for brownfield facilities looking to become globally competitive, data-driven, and Industry-4.0 enabled. Early digital innovation helped restore plant-wide operations within a week of the COVID-19 pandemic, whilst adhering to stringent regulatory norms and workforce restrictions.
Courtesy: Twitter/Arctic Council
India’s pledge to the Paris Agreement gives it the flexibility to confidently place its climate action policies across various multilaterals. Although an observer of the Arctic Council, India can collaborate with the body's upcoming chair, Russia, to alleviate climate change concerns stemming from the Arctic. It is time for India to use its goodwill with the Arctic Council members to develop a national Arctic policy.
Courtesy: Gateway House & CIGI
India can attract greater foreign direct investment through green bonds – a climate finance debt instrument that addresses environmental and climate-related challenges. These issuances have been linearly increasing over the years, driven by institutional pressure, provided in part by the Securities and Exchange Board of India’s regulation, and by the informal advocacy of market stakeholders.
Courtesy: Gateway House & CIGI
Canada has been one of the biggest success stories in oil over the past few years. India should consider financial investments in Canadian energy assets as a means to secure its energy supplies.
Courtesy: Shutterstock
China’s clean-up of its cities and its success in improving urban air quality hold important lessons for India. But the outbreak of the corona virus and reports that news about it was initially suppressed tell a different story. While physical infrastructure is important, equally vital are a free media and an open society, where people are not afraid to speak
Courtesy: Shutterstock
Decarbonising the transportation sector is an environmental priority globally, and hydrogen, the cleanest and most plentiful of fuels, is central to achieving this goal. If hydrogen mobility is actively pursued, India’s large reserves of gas hydrates and shale gas can be tapped for commercial use. Such a shift in choice of fuel will also ensure India’s energy security
Courtesy: IEEE Spectrum
The Basic Exchange and Cooperation Agreement for Geospatial Cooperation (BECA), the last of the India-U.S. foundational agreements, will enable India to avail of U.S. expertise on geospatial intelligence and to sharpen the accuracy of weapons and automated hardware systems used for military purposes. But the over-emphasis on imaging in the agreement overlooks the likelihood of a clash between the telecom and meteorological technologies, which can hurt India’s crucial capabilities in space-based weather forecasting and disaster management
Courtesy: Wikipedia
The notion of the oceans and seas as a global common is under severe test. National and regional interests are winning over the urgency to maintain their well being while competition to exploit the many commercial opportunities they present is ever increasing. The task at hand is to stop ocean decline – and India can play a transformative role in this
Courtesy: ItzaFineDay/Flickr
Making the climate change transition involves an unprecedented reallocation of capital – and the task is to build the financial architecture that can deliver these flows within deadline. COP-22 has to raise more, cheaper and better quality finance for climate action.