Decarbonising seven key MSME sectors could save Rs 370 million yearly

  • Industry News
  • Jul 10,24
The study was conducted by the Centre for Study of Science, Technology and Policy (CSTEP).
Decarbonising seven key MSME sectors could save Rs 370 million yearly

Adopting energy-efficient measures, renewable energy solutions, and advanced technologies could save Rs 370 million annually in energy costs and reduce CO2 emissions by 1,36,581 tonnes across 66 units in seven key Micro, Small, and Medium Enterprise (MSME) clusters, according to a study.  The study was conducted by the Centre for Study of Science, Technology and Policy (CSTEP). It focused on decarbonisation in the MSME sector, which refers to the reduction or elimination of carbon dioxide emissions.  

Despite the potential cost and CO2 reduction benefits, the study indicated that an initial investment of Rs 900 million would be required across these clusters.  The study covered units in Alathur, Asansol-Chirkunda, Bengaluru, Delhi-NCR, Coimbatore, Ludhiana, and Tiruppur. It included energy and emission-intensive sectors such as pharmaceuticals, refractories, aluminium die-casting, bakeries, and textiles units in these clusters.

(Source: Indian Express)

Related Stories

Automation & Robotics
Industry-Academia-Government Transforms MSMEs: Saravanam J

Industry-Academia-Government Transforms MSMEs: Saravanam J

Geographically, MSMEs are instrumental in promoting industrialisation in rural and semi-urban areas, thereby reducing regional disparities. These enterprises are fostering entrepreneurship, driving ..

Read more
Policy Regulation
SIDBI and AFD, France sign $100 million agreement to enhance green finance

SIDBI and AFD, France sign $100 million agreement to enhance green finance

The partnership is designed to support sustainable growth and facilitate the transition to a low-carbon economy.

Read more
Policy Regulation
Budget aims to integrate India with global supply chains, boost manufacturing

Budget aims to integrate India with global supply chains, boost manufacturing

Through the budget, the Union Government will support the domestic electronic equipment industry to leverage the opportunity of Industry 4.0. National framework for states to be formulated for promo..

Read more

Related Products

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016