Reliance Industries Chairman Mukesh Ambani on Saturday expressed confidence about India’s economy, predicting that it will grow from its current size of $3.5 trillion to $40 trillion by 2047, PTI reported. Stated.
Ambani said India, the world’s third largest energy consumer, will also see its energy demand double by the end of this decade.
“To fuel this growth, the country needs vast amounts of energy, clean energy that does not suffocate Mother Nature for human progress,” he said at a convocation of Gujarat’s Pandit Deendayal Energy University (PDEU). “We will need green energy,” he said. Gandhinagar. “In fact, India’s energy demand is expected to double by the end of this decade.”
Mr. Ambani said that over the next 25 years, India will experience unprecedented and explosive economic growth and is the melting pot for realizing the vision of a clean, green and sustainable tomorrow.
“As India races to build a robust energy infrastructure to meet its energy goals, it faces three key challenges. How do we ensure access to affordable energy? Second, how do we rapidly transition from fossil fuel-based energy to clean, green energy? 3: Rapid growth “How can we avoid the risks of an unstable external environment while increasing demand in the economy? I call these three problems the energy trilemma,” he said. , according to PTI.
Ambani, India’s richest man, further added that the energy transition has become the most important factor in ensuring India’s transformation into a global leader in green, sustainable and inclusive development.
He expressed confidence that India is developing smart and sustainable solutions to address this trilemma, as highly talented young minds are pledging to fight the climate crisis. Said this is possible.
“They will design breakthrough energy solutions to build not only a strong and Atmanirbhar India, but also a safer and healthier planet,” he said. Furthermore, he called on his students to be fearless and never lose confidence in their abilities and skills.
“Courage is the ship that allows you to sail safely through the stormiest seas. People will make mistakes. But don’t let that worry you or deter you. Those who succeed in life are the ones who own their mistakes. Someone who makes amends and boldly continues the mission,” he said.
He further added, “I am where I am in life today because of India and because of Bharat. Wherever life takes me, I hope that I will give my all to the greatness and glory of India. Please know that I am truly blessed to be able to spend time with you.” …India is moving forward with confidence today and the 21st century will truly be India’s century. ”
(Input from PTI)