The Blooming Clean Technology Industry In India
The increasing pollution, limited traditional energy resources and many such concerns have enforced scientists and researchers to invent non-traditional and Eco-friendly energy resources. This lead to the development of Clean technology. Now, you must have realized that clean technology is nothing but the effective use of non-traditional and unlimited natural resources like wind, solar energy and water resources and energy conservative, Eco-friendly manufacturing processes. The name clean technology suggests that the use of these resources without generating harmful bio-products or pollutants. The awareness about environment, limited traditional resources have promoted clean technology in India remarkably in recent years. This article reveals the detailed information about this industry in India. Just go ahead to discover the interesting facts.
Horizon of Clean Technology Industry
The meaning of clean technology is the productive and economically competitive technology that uses less materials/ energy and results in less environmental damages and wastes than other alternatives. Hence, any technology that offers maximum outputs using minimum energy and creates minimal wastes. The Clean Technology Trade Alliance has been established to drive the clean technology industry across the globe. It defines the clean technology term broadly as any manufacturing process, tools or practices in any industry that support energy conservation, reduction in wastes, pollution control and reduction in resources.
The renewable energy, waste water treatment/ recycling are the sectors of clean technology. In the view of Clean Technology industry in India, it is not only associated with renewable energy sources and water/ waste water management but also with electronic wastes and disposals.
Currently, India’s renewable energy market is around 17 billion US$ and it is growing rapidly at annual growth rate of 15%. The government support and promotion for solar energy resources has boosted the industry remarkably. The water/ waste water management is also important sector and it is mandatory to install waste water treatment plants for some of the manufacturing industries. The awareness and need of recycling waste water is increasing and so the demand for efficient waste water plants in residential and commercial sectors. The Indian water resource ministry has planned to invest around US$ 50 billion in coming five years. The main factors for the growth in clean technology industry in India include –
• Increased environmental awareness and preferences for Green Eco-friendly technologies/appliances
• Increasing prices of traditional energy resources
• Increasing demands of energy
The growth of clean technology industry in India is promising and has great potential for growth in future. The industry offers wind energy, solar energy, hydro power solutions along with biomass and waste water management solutions.
The clean technology has not only reached to commercial sectors but also grabbed the residential sectors to provide effluent treatment plants for small residential communities, buildings, solar water heaters, lamps and cookers etc. This scenario depicts that clean industry has bright future with increasing demands. The growth in clean technology industry will definitely help expect sustainable and safe environment for next generations.
Horizon of Clean Technology Industry
The meaning of clean technology is the productive and economically competitive technology that uses less materials/ energy and results in less environmental damages and wastes than other alternatives. Hence, any technology that offers maximum outputs using minimum energy and creates minimal wastes. The Clean Technology Trade Alliance has been established to drive the clean technology industry across the globe. It defines the clean technology term broadly as any manufacturing process, tools or practices in any industry that support energy conservation, reduction in wastes, pollution control and reduction in resources.
The renewable energy, waste water treatment/ recycling are the sectors of clean technology. In the view of Clean Technology industry in India, it is not only associated with renewable energy sources and water/ waste water management but also with electronic wastes and disposals.
Currently, India’s renewable energy market is around 17 billion US$ and it is growing rapidly at annual growth rate of 15%. The government support and promotion for solar energy resources has boosted the industry remarkably. The water/ waste water management is also important sector and it is mandatory to install waste water treatment plants for some of the manufacturing industries. The awareness and need of recycling waste water is increasing and so the demand for efficient waste water plants in residential and commercial sectors. The Indian water resource ministry has planned to invest around US$ 50 billion in coming five years. The main factors for the growth in clean technology industry in India include –
• Increased environmental awareness and preferences for Green Eco-friendly technologies/appliances
• Increasing prices of traditional energy resources
• Increasing demands of energy
The growth of clean technology industry in India is promising and has great potential for growth in future. The industry offers wind energy, solar energy, hydro power solutions along with biomass and waste water management solutions.
The clean technology has not only reached to commercial sectors but also grabbed the residential sectors to provide effluent treatment plants for small residential communities, buildings, solar water heaters, lamps and cookers etc. This scenario depicts that clean industry has bright future with increasing demands. The growth in clean technology industry will definitely help expect sustainable and safe environment for next generations.