Praful Patel exhorts industry to extend green processes from one end of chain to other

Image
ANI New Delhi
Last Updated : Aug 28 2013 | 11:00 AM IST

Heavy Industries and Public Sector Enterprises Minister Praful Patel has stressed on the need to balance development considerations with sustainability.

He exhorted industry to extend green processes from one end of the chain to the other.

Inaugurating the Third International Green Manufacturing Summit organized by the Confederation of Indian Industry (CII), Patel said that he was also open to CII help for strengthening the green rating component in public sector MoUs.

Patel also released the CII-BCG report on 'Green Manufacturing - Imperatives for Indian Industry' which outlines key action areas for the industry and the government to drive sustainability objectives in a structured and comprehensive manner.

Viewing 'green technologies' as a public good, Sutanu Behuria, Secretary, Department of Heavy Industries, stressed on the need for green technologies in the manufacturing process to catalyse sustainable growth and asked for suggestions on how the policy framework could enable affordability of such technologies.

Ajay Shriram, president-designate, CII, suggested that the government create industrial parks for the manufacture of green products. The National Investment and Manufacturing zones (NMIZs) could also have a dedicated space for green manufacturing, he added.

K Venkataramanan, Chairman, CII Manufacturing Council called upon the manufacturing sector to continuously explore how they can integrate sustainable, green practices into their processes and into the entire supply chain. Dr Arindam Bhattacharya, Vice Chairman, CII Manufacturing Council pointed out green manufacturing was a critical topic both in terms of competitiveness and future sustainability.

Earlier, welcoming the participants, CII Director General Chandrajit Banerjee said that a focus on manufacturing was integral to the inclusive growth agenda of the government. He said the CII had taken up green and sustainable issues and capacity building in the industry in a sustained and committed manner through its Centres of Excellence.

A major step in this area has been the CII-GreenCo Rating System and recently in July, the first nine GreenCo Rated Companies were awarded. Currently, over 70 companies are working on the rating and many more companies have expressed their interest in the system.

The Summit is an initiative by CII to integrate green manufacturing processes into mainstream manufacturing activities and make the industry more sustainable and clean. The seminar focused on areas such as marketing and promoting green products, creating a value chain, role of IT as enablers, new and emerging technologies and innovation.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 28 2013 | 10:58 AM IST

Next Story