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Industries must bring down energy requirement
V. T. Avadhany, Director of Supreme Pharmaceuticals

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Green House effects and Global Warming are International issues, which have drawn the serious attention of not just the developed countries, but the developing countries too. The governments world over have undertaken a commitment to control these issues and India is signatory to this, as under the obligation we have to meet certain requirements.

With India truly going ahead in its efforts to control global warming and production of Green House gases, there will definitely have to be a strict compliance to certain regulations by the Industries too. In this background, the Confederation of Indian Industry (CII), Mysore Zone, is organizing an environment summit CARE - 2007 (Care for Air Resources Conservation and Mother Earth) at Hotel Regalis, which was inaugurated on 21st of September 2007 morning.

V. T. Avadhany, Director of Supreme Pharmaceuticals and also the Convenor of this summit, speaks to Star of Mysore Correspondent about the necessity of such a seminar and how it is going to be beneficial to the industrialists.

How relevant is such a summit at this point of a time?
As everyone is aware, the threat of global warming, climatic changes, and emission of green house gases are a major cause for concern today. The threat looms large, but it also throws open opportunities for industries to cash in on incentives being made available to them, for becoming more energy conscious and taking the initiative in reducing their energy requirement. This summit is mainly to create awareness amongst the industries about all these issues and also help to see the future challenges and how to combat them.

What are the challenges the industries will face?
Like I said, India is a signatory to the undertaking and will have to comply with certain regulations in this regard. Once the regulations come to force, the industries will have to comply with it very strictly. This summit will help prepare them for the same.

How much have the industries in Mysore contributed to global warming or green house gases production?
The industries in Mysore actually don’t contribute much, as there are not many chemical, process or pharmaceutical industries. But energy conservation being a global requirement, all the industries should take steps to bring down their energy requirement.

What are the incentives being offered?
Industries are given Carbon Credits. Carbon Credits are points earned by any institution, which has been certified by CMD program for conservation of environment. These incentives act as investment to go in for higher investments in energy efficient methods. The summit will give the industries ideas on how to get these carbon credits, how to become more energy efficient and also reduce their energy requirements.

Will the Small Industries also benefit?
Definitely. Generally the notion is that all these things are only for large industries. But the medium and small industries too can contribute in decreasing global warming. Speakers from SIDBI will highlight the participants about this factor.

Interviewed by: Nandini Srinivasan
Courtesy: Star of Mysore

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