The team behind the new platform (from left to right): Harsha Lingam, Chief Operating Officer (COO) - Leena Pishe Thomas, Director - Shradha Ganeriwala, Technology and Innovation Manager - Himanshu Kumar, Technology Associate. Image provided by GBI

GBI launches platform for green-minded Indian companies

14 July 2023 10:38

GBI

Bangalore - The Indian market for green technologies is forecast to grow to as much as $55 billion in 2027. But many Indian firms need technologies and financing. Now Global Business Inroads, or GBI, has launched a platform called Tech for Greening Industry to help facilitate their transition to net-zero carbon emissions.

International technology management consultancy Global Business Inroads, or GBI, has launched a new online platform to help Indian companies become greener. 

Called Tech for Greening Industry, the platform will showcase renewable energy projects, cleantech, and other sustainable innovations as well as events and other news via the Green Technology Interface that serves as a clearinghouse for sustainability-minded companies, entrepreneurs, medium and small enterprises, startups and research institutions.  

Even though the Boston Consulting Group found that the market for green technology in India is expected to grow to as much as $55 billion in 2027, GBI claimed that many Indian firms still face significant challenges and need more technological capacity and financing to make the transition to sustainability. To that end, the new platform will help India achieve its goal of achieving net-zero emissions by 2070.

“To address the ‘E’ in ESG, Indian companies are very keen to deploy environment-friendly solutions,” the consultancy said in a July 13 press release. “Indian entrepreneurs and large corporates are scouting for innovative new green technologies to evolve into leaders in the growing green solution business in India.”

The new platform will help Indian firms make connections and collaborate with European, British, and American business leaders, experts, and investors to gain the resources necessary to deploy green technologies. Indian companies will be able to share their needs on the platform, scan and scout GBI’s network, and facilitate partnerships to deploy new green technologies locally. ce/jd

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