“It is important for India to grow the right way. We cannot grow like America or China. We have to use resources in the right manner and with that ensure that we give our citizens a level of wealth and development enjoyed by the developed world. That is the only way that India will assume its rightful place, without putting more pressure on the rest of the planet,” said Mr. Sanjay Kirloskar, Chairman and Managing Director of Kirloskar Brother Ltd. as he set the stage for CII’s 2nd Edition of the Conference on Inclusive Development and Sustainability christened ‘Responsible Growth: Towards a Sustainable Future’.
Mr. Kirloskar went on to add, “In India a lot of polluting industries are being allowed to come up in restricted areas. Those who rejoiced at the new government wonder whether the pendulum is swinging to the other extreme. A balance has to come. We need to grow as a nation while looking at our resources so that we do not consume too much and destroy too much.”
“Only policy can change the country and unless the government supports it, things will not move. Government has to support via enabling policy initiatives. Incentives can be given by government for using renewables,” said Mr. M S Unnikrishnan, Managing Director and Chairman, Thermax Limited in a panel discussion on the Business Case for Renewable Energy in India.
Mr. Anirban Ghosh, Vice President – Group Sustainability, Mahindra and Mahindra Ltd. said, “The total renewable energy potential in the country is 895 GW which is remarkably well placed in our need for increased power. If all were to come from renewables, it would be fantastic. At least we can try to fulfil as much of the deficit from it as possible. But that will not happen unless we get rid of the negative impression we have about renewables. Renewable technology is now ready for adoption. And with time, it will only improve. ”
With the limited resources of the world running out, the question is of our survival which should be the imperative of each and every individual. Hence, all the speakers stressed upon the need to change our lifestyles, make behavioural changes to consume less energy. While Mr. Kirloskar regaled the audience with personal examples including one where he said he does not change his mobile for three years. Mr. Ghosh said that it is possible for us to have a lower energy lifestyle than the ones we have now. Mr. Unnikrishnan talked about beginning the change from one’s home and family.
In his welcome speech, Mr. Pradeep Banerjee, Conference Chairman, Chairman – CII WR Environment for Business Sub-Committee and Executive Director – Supply Chain, Hindustan Unilever Ltd. said, “Conventional wisdom have been built on a 3G model: Sustainable Growth, Profitable Growth and Cognitive Growth. Today there is the need to add a fourth dimension: Responsible Growth. Along with economic value, we also have to create social value. In its absence, businesses will falter in the long term. Besides, there is clear business case for better social dimension. It reduces risk, lowers costs, gives higher returns and creates growth opportunities.”
Mr. H N Daruwalla, Co-Chairman, CII WR Environment for Business Sub-Committee and Executive Vice President & Business Head – E&E Services, Godrej & Boyce Mfg Co Ltd., sounded the warning bells when he said, “If industries grow irresponsibly, the economic damage would be irreparable. We are consuming more raw material than what we can replenish. Such irresponsible growth will damage the ecology.”
The conference was well attended by captains of the biggest corporations in the country.
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