The government is a very large constructor. They have schools, colleges, hospitals and courts, offices. We are trying to influence the public works department to adopt green buildings.
From Jamshyd Godrej
Industry looks at research and development for energy efficiency, lowering material costs, so on and so forth.
Clubbing energy efficiency with renewable energy will give us the much-needed window to incubate the renewable energy sector, particularly large solar, without having to increase the price of electricity.
Typically, market-driven growth spawns urbanisation and leads to migration. Urban centres expand into humongous entities that thrive on an unending supply of energy.
How do you actually green the supply chain is a challenge. The easier part is to do what we do; the difficult part is to get all your clients to long process will take time.
Our CII building in Hyderabad has zero discharge of water. Every drop of water is treated and reused.
Our experience is that most entrepreneurs are able to attract debt, even for risky and early stage investments. There are investors who provide debt, but very few who fund through equity.
We have to develop the whole system of early stage investors and a tax system around it. For every Google that has come on the scene, there are hundred entrepreneurs who never did.
Government should concentrate on building up infrastructure and skill development. Simplification of taxation is another important area.
The links have to be between universities, R&D institutes, and industry. If these linkages are in place, it will result in products that are useful for society. The government has to leverage the money it spends on R&D to help develop new products useful for industry.
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