LMW
LMW

Do you want to advertise here? Contact us

Imtex
Imtex

Do you want to advertise here? Contact us

OEM Update
.

Energy Management – A Key Concern for Indian Inc.

By November 10, 2010 11:19 am IST

Business leaders throughout India give a higher priority to energy efficiency in their facilities than do those in any other major country, according to the Johnson Controls Energy Efficiency Indicator (EEI). This year’s survey results provide a look at how business leaders in India are prioritizing and investing in energy efficiency compared to last year and to other regions around the world.
 
According to the Johnson Controls Energy Efficiency Indicator (EEI) survey, 85% of business leaders in India consider energy management very or extremely important. This is a drop from 94% last year but significantly higher than in other parts of the world in 2010 – 52% in the U.S., 58% in Germany, 61% in the U.K. and 79% in China.
 
In addition, nearly all respondents in India are planning to make capital (87%) and operating (93%) investments in energy efficiency over the next 12 months, up from 64% and 72%, respectively, in 2009. Globally, a smaller percentage are planning to make capital (63%) and operating (70%) investments in efficiency compared with India, although global investment plans are up from 54% and 62%, respectively, in 2009.
 
“Despite the recession, decision–makers have put efficiency high on their agendas for 2010, especially those in India and China,” said Pramoda Karkal, Vice President & Managing Director, Building Efficiency, Johnson Controls, India. “In our business we help buildings to operate efficiently and profitably, and we see these benefits being recognized in new markets and regions worldwide.”
Although there is broad consensus that improving energy efficiency helps control rising energy costs, reduces a company’s environmental footprint, and increases the value of buildings; Mr. Karkal noted that there are still several barriers preventing global implementation.

Advertising

OEM Android App

Your future advertising space? Our media data

Cookie Consent

We use cookies to personalize your experience. By continuing to visit this website you agree to our Terms & Conditions, Privacy Policy and Cookie Policy.

Tags:
Webinar
Webinar

Do you want to advertise here? Contact us

Autodesk
Autodesk
Trucut
Trucut
OEM Update QR Code
OEM Update QR Code

Events

Logimat India
Logimat India
Metal Forming Expo
Metal Forming Expo
ChemProTech India 2025
ChemProTech India 2025
Aerodef India Manufacturing Expo
Aerodef India Manufacturing Expo

eMagazine December 2024

eMagazine December 2024
eMagazine December 2024

Do you want to advertise here? Contact us

Our Sponsors

Carl Zeiss India
Carl Zeiss India
STMCNC
STMCNC
Maco-c
Maco-c
Inovance Technology
Inovance Technology
Mallcom
Mallcom
igus
igus
Delta Electric
Delta Electric
Wago Pvt Ltd
Wago Pvt Ltd
Studer
Studer
Urgo Capital
Urgo Capital
Prostar
Prostar
Super Slides
Super Slides
Quality Spares Center
Quality Spares Center
Endress Hauser
Endress Hauser
ACE Micromatic Group
ACE Micromatic Group
Hosabettu Heavy Machinery LLP
Hosabettu Heavy Machinery LLP
Ceratizit
Ceratizit
Chicago Pneumatic Tools
Chicago Pneumatic Tools
Concord Hydraulics
Concord Hydraulics
MMC Hardmetal Pvt Ltd
MMC Hardmetal Pvt Ltd
Mennekes
Mennekes
TruCut
TruCut
Voestalpine
Voestalpine
tectyl
tectyl
LMW
LMW
BKT Tires
BKT Tires
Mitsubishi Materials
Mitsubishi Materials
Molygraph
Molygraph
Fietest
Fietest
Exorint
Exorint
Exon mobil
Exon mobil
Wika Instruments India
Wika Instruments India