Mahesh Ramanujam, CEO, USGBC
Taking forward its commitment towards creating a sustainable future, the US Green Building Council (USGBC) has its eye on the booming green market in India. The council, along with the Indian Green Building Council (IGBC), has been playing a pivotal role in providing LEED green building certification to the country’s flourishing infrastructure. In a recent media session by the USGBC in Mumbai, Mahesh Ramanujam, CEO, USGBC, announced the new LEED v4 and its tie-up with The Energy and Resources Institute (TERI). In an exclusive interaction with CW, Ramanujam details the future plans of the council for India…
Now that India ranks among the top countries world over for LEED-certified green space, how do you view the potential with regard to the green building market?
The Indian economy has always been stable compared to other developed economies that often face rapid growth or slack down. At present, the country is positioned third globally for most LEED-certified green building space. With an expected 50-60 per cent growth in green buildings in the next three years, we are expecting India to gain a global top-two position. Moreover, with the Modi Budget having mentioned an allocation of Rs 8,000 crore for 100 more eco-cities in India, this certainly backs our vision. Having said so, the problem in India is that despite awareness of green buildings, people are sceptical when it comes to considering the business and investment perspective.
You have established a LEED customer service hub in New Delhi. What services will it offer to a developer?
The ‘LEED hub’, as it is called, has been developed with the fundamental premise to provide a global connect to the Indian market. The hub will operate to fulfil the following goals: