The inaugural Tata Exchange brought together 80 business leaders across India, Europe, Asia, and the U.S. Read our report for inspiration from the Exchange.
Building a green economy in India requires leadership, collaboration, and technology.
India has a set of unique challenges — from raising 300 million people out of poverty while managing urban development and transitioning to a sustainable economy. The good news is that India is already on the right path to become net zero by 2070. Investment in green energy solutions and sustainable products are cementing India as a leader in this space.
But for the nation to usher in a new economic renaissance that is cleaner, healthier, more sustainable — and brings prosperity to millions more of its people — requires greater ambitions and the action to make them a reality.
It was with this challenge in mind that Tata Group and Xynteo held the first in a series of Exchanges to incubate the ideas and business-led initiatives that will accelerate India’s transition to a green economy.
Highlights from the Tata Exchange
With more than 80 leaders from India, Europe, Asia, and the U.S. sharing their insights, the day-long Tata Exchange investigated the path India must take to reach net zero.
To download our post-Exchange report, please submit the information requested at right. We hope you find our post-Exchange report inspiring — and join the effort to help India achieve good growth.
Our report on the event includes:
- Investigation into the people and planet benefits of building a green economy
- Insight into the steps needed to decarbonise India's steel, cement, and other strategic industries
- Discussion on the range of technologies that are critical to creating a renewable future
- Consideration of the financial mechanisms and requirements for the energy transition
Towards a green and inclusive India
Global warming represents a unique test for India, which must control its carbon emissions while working to lift more than 300 million people out of poverty.
If done right, India can become the role model for sustainable growth among developing countries. This report unpacks three areas key to success in the green transition.
Decarbonising strategic sectors
India ranks only behind China and the U.S in CO2 output, with its steel, cement, and transport industries accounting for almost one-third of emissions.
To achieve net zero, the nation must accelerate emission reductions of these key sectors.
A renewable future with technology
In 2021, India placed 3rd in a ranking of the most attractive countries for renewable energy.
By 2030, the nation will be positioned perfectly for the world’s most extensive expansion in solar, wind, hydrogen, biomass, and more — but only if it increases its investments now.
Unlocking the finance for change
India’s goal to reach 500 gigawatts of renewable energy by 2030 is ambitious — and will require equally ambitious leadership, collaboration, and financing.
The challenge is how India raises the $10 trillion needed to become carbon-neutral by 2070?
Insights from the exchange
We have an opportunity to transform India [through the shift to green energy]. We not only can craft the pathway to Net-Zero emissions, but we can create the jobs of the future.
N Chandrasekaran
Chairman, Tata Sons and Co-Chair of Tata Xynteo Exchange
Because everybody in the world is almost at the same place (in renewables), it’s a good opportunity for India to develop our own technologies.
Davendra Kumar
Managing Director, Technip Energies India Limited
If you had to ask for one silver bullet to accelerate the (shift to green energy), I think it is the adoption of digital tech.
Nitin Prasad
Chairman, Shell Companies in India
What is Xynteo Exchange?
Xynteo Exchange is an innovative event and collaboration platform for tackling complex, multi-stakeholder challenges.
Our platform enables mission-driven leaders and practitioners across business, academia, the arts, and activism to accelerate co-creation and tackle systemic problems.
Across a one to three day programme of facilitated engagements, participants are given the opportunity to dive deep into the challenges they face and find solutions through surprising perspectives.