Green technology companies in European

India & Green TechnologyThe 24th of April 2014 saw like minded participants gather in the picturesque University town of Leuven in Belgium, for a half day seminar covering the opportunities that India presents for Belgian cleantech, and avenues to transfer those solutions to India.

The ‘Seminar on India & Green Technology’ was co-organised by The Belgo-Indian Chamber of Commerce and Industry (BICC&I), in cooperation with Flanders Cleantech Association (FCA), Greenwin and the European Business and Technology Centre (EBTC).

140424_PHO_Seminar_India&GreenTechnology_Leuven-Belgium (1)

India faces developmental challenges across the board, from energy to water, wastewater, agriculture, and more. Energy remains of strategic important for the social and economic growth of the county. Increasing urbanization is resulting in increased pollution and degradation of land, driving consumerism and the depletion of natural resources. For instance, there is an evident conflict between growth and environmental issues.However, high-tech and expensive technology such as industrial waste and effluent treatment is currently not viable or affordable for a developing (although emerging) country like India. An abundance of clean energy sources gives India the opportunity to balance its growth and meet challenges economically.

Mr. Suman Lahiri (Regional Manager, EBTC Kolkata) illustrated project opportunities, services and success stories of the European Business and Technology Centre (EBTC) in India and highlighted what to watch out for in 2014 in iotechnology, energy, environment and transport.India & Green Technology To help Belgian companies enter India from a practical point of view, he highlighted the core as well as value-added services including the IPR helpdesk, ETEC, and how to find project opportunities. Four case studies were illustrated from a software to improve the energy efficiency of industries and buildings; an innovative floating solar platform enabling PV on water bodies; a water quality monitoring device enabling the real-time detection of bacteria and parasites, and Circulating Fluidised Boilers.

Mr. Mohamed Ridouani (Deputy Mayor, City Leuven for Education, Environment, Economy and India House) started the seminar off with a presentation about a climate neutral Leuven by 2030, stressing the urgency to reduce GHG emissions dramatically, and that Leuven aims to become the very first Flemish city to become carbon neutral before 2030. The approach towards a climate plan for Leuven is currently going through a transition process with the need to recruit stakeholder support and citizen participation in sectors of action including energy, buildings, mobility, nature and consumption. Leuven sees promising opportunities for a healthy city, through the creation and sharing of insights and knowledge, as well as more jobs. In doing so however, broad support is required and behavioural change from the political, civil, and business society.

Mr. Vibhav Kapoor (Group Chief Investment Officer of IF&LS) then spoke on Indian business opportunities from a wider perspective with a focus on cleantech. In the 12th five year plan (2013-2017), FDI is actively encouraged to achieve goals, and it is a propitious time for sector focused investment. However, credit availability and long-term funding issues need to be addressed. PPP’s are to increase to 50% of infrastructure spending, whilst infrastructure loans grew at 30% for the period 2011-2012.

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Q&A

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What are three green technology marketing companies?

Xerox, Evolution Solar, GoGreenEnergy LLC