Ravichandran Purushothaman, President,  Danfoss Industries (India Region)
POWER & RENEWABLE ENERGY

Ravichandran Purushothaman, President, Danfoss Industries (India Region)

It may be useful to look at an incentive-based mechanism for the larger companies to drive this within their supply chain thereby working towards the larger goal of a decarbonised India. In this regard, it would be great if PLI schemes are extended beyond solar include wind and other renewable projects.

Given the cash crunch faced by many in the industry currently, a faster pace of skill development and investment in sustainability can happen, if the government gives subsidies and tax breaks for companies investing in skilling and reskilling of employees to adopt and adapt faster to more energy efficient and sustainable technologies, thereby helping in creating a greener tomorrow for India.

Over the course of the next decade, electrification will be pivotal in redefining the transportation sector. India is currently importing most of the technologies related to this sector, and to become economically viable we will need to disrupt some of the technologies that are currently in vogue. To make electrification a lucrative choice for consumers in India, we also need to get India fully connected on the grid and have proper charging and storage mechanisms spread throughout the country. More budgetary outlay is also required in the commercial vehicles sector to draw on the achievements of the FAME scheme.

It may be useful to look at an incentive-based mechanism for the larger companies to drive this within their supply chain thereby working towards the larger goal of a decarbonised India. In this regard, it would be great if PLI schemes are extended beyond solar include wind and other renewable projects. Given the cash crunch faced by many in the industry currently, a faster pace of skill development and investment in sustainability can happen, if the government gives subsidies and tax breaks for companies investing in skilling and reskilling of employees to adopt and adapt faster to more energy efficient and sustainable technologies, thereby helping in creating a greener tomorrow for India. Over the course of the next decade, electrification will be pivotal in redefining the transportation sector. India is currently importing most of the technologies related to this sector, and to become economically viable we will need to disrupt some of the technologies that are currently in vogue. To make electrification a lucrative choice for consumers in India, we also need to get India fully connected on the grid and have proper charging and storage mechanisms spread throughout the country. More budgetary outlay is also required in the commercial vehicles sector to draw on the achievements of the FAME scheme.

Next Story
Infrastructure Urban

Concord Control Systems Limited Reports ~85% YoY Growth in H1 FY26

Concord Control Systems Limited (BSE: CNCRD | 543619), India’s leading manufacturer of embedded electronic systems and critical electronic solutions, announced its unaudited financial results for the half year ended September 30, 2025.Financial Highlights – H1 FY26 (YoY Comparison)Revenue from Operations rose to ₹815.45 million, up from ₹497.53 million in H1 FY25, marking a 63.90% year-on-year growth.EBITDA increased to ₹217.34 million, compared to ₹142 million in the same period last year.EBITDA Margin stood at 26.65%, compared to 28.54% in H1 FY25, with the decline attributed to ..

Next Story
Infrastructure Urban

Gateway Distriparks Announces Q2 FY25 Results

Gateway Distriparks Limited (GDL), one of India’s leading multimodal logistics providers, announced its financial results for the quarter ended 30 September 2025.For Q2, the company reported total revenue of INR 154.8 crore (H1: INR 316.9 crore), EBITDA of INR 20.56 crore (H1: INR 45.65 crore), PBT of INR –4.23 crore (H1: INR –0.28 crore), and PAT of INR –2.91 crore (H1: INR –0.37 crore). The company stated that these numbers reflect the consolidation of accounts following Snowman Logistics transitioning from an associate company to a subsidiary in December 2024.Commenting on the per..

Next Story
Infrastructure Transport

Last-Mile Connectivity a Prime Focus, Says Ms. Ashwini Bhide,

The IMC Chamber of Commerce and Industry (IMC) hosted a high-impact Managing Committee session today on the theme “Mumbai Metro: Transforming Connectivity and Commuting.” The session featured an insightful address by Ms. Ashwini Bhide, Managing Director, Mumbai Metro Rail Corporation Ltd. (MMRCL), who shared updates on key transport infrastructure developments across Mumbai and the MMR region.Emphasising the city’s critical economic role, Ms. Bhide noted, “Mumbai is the economic powerhouse of Maharashtra, with more than 95% of the region’s population living in urban areas. As Maharas..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement