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India Well Placed to Lead Green Energy Transition, Says Tata Chairman Chandrasekaran

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On Tuesday, Natarajan Chandrasekaran, Chairman of Tata Group, stated that transitioning to cleaner and more sustainable energy is something everyone must do. India is well-positioned to lead this change. He said that technological advances have made it possible to make these energy transitions easier and should continue to do so.

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He said that data-driven business and industry will prevail, regardless of whether they are consumer-facing or not. The huge technological advances have made it easier and cheaper to access real-time data.

The pressure to switch to green/renewable energies will only increase in the future. This is why it is so important to make the transition to cleaner energy. We need to have more, cleaner and more affordable energy. We need hydrogen-based energy, batteries and storage systems for electric power, as well as technology to recycle industrial waste.

“All these will be done in our own lifetime but what we need to ensure is that these solutions are more affordable,” Chandrasekaran told students of the Pandit Deendayal Energy University on their convocation in Ahmedabad.

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He said that technology has made tremendous progress and will continue to make significant advances in the future.

“The tremendous technological advancements being made and already achieved in the form of artificial intelligence, cloud, and data will ensure that every business will be a data business soon and everything will be based on real-time data, whether you are into consumer facing business or not. And I think the 5G technology will lead the way on this data driven future,” he added.

He praised the remarkable progress made by India on the renewable energy front and said that India is on the verge of a new transition. India will experience a period of great growth not only economically, but also in many other areas.

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