“The upcoming budget is expected to give a decisive push towards achieving India’s ambitious climate goals. In the pursuit, the policies should focus on industrial economy hinging on green and resilient infrastructure. Initiatives for boosting sustainable manufacturing, adoption of energy-efficient technologies and decarbonizing the industry should form the core of the framework. Accordingly, it is expected that the upcoming budget will table fiscal incentives for promoting green industry delving deep into pioneering environmental control solutions. Investments in climate-robust infrastructure for reducing emissions across the production cycles will aid in fortifying global competitiveness of the industry. Altogether, prioritizing operational efficiency, circular models and optimal resource utilization will help mitigate the carbon footprint of the industries and instate their climate leadership globally.”
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