Indian green IT and sustainability spending to reach $70 bn by 2015: Gartner

03 Oct 2012

1

India's spending on green IT and sustainability initiatives will double from $35 billion in 2010 to $70 billion in 2015, according to a study by global research and advisory firm Gartner.

In 2012, green IT and sustainability spending in India is expected to total $45 billion, it said.

In its report, Hype Cycle for Green IT and Sustainability in India, 2012 Gartner analysts said green IT and sustainability are emerging as key concerns for businesses, investors and technologists across industries and policymakers in India. Though many technologies are available, government policies will eventually drive green IT and sustainability solutions adoption by Indian enterprises.

''For the first time, a chapter on sustainable development and climate change was introduced in the government's annual Indian Economic Survey, 2011-2012. The survey has suggested making lower-carbon sustainable growth a central element of India's 12th Five Year Plan, which commenced in April 2012,'' said Ganesh Ramamoorthy, research director at Gartner.''

''This will set the tone for future policy initiatives and regulatory measures from the Indian government that will drive the implementation of some technologies - such as advanced metering infrastructure, carbon capture and sequestration, intelligent transportation system, solar energy technology, building integrated PV systems, eco-labels and footprints, combined heat and power technology, e-waste, distributed power generation, and water management - necessary to usher in low-carbon sustainable growth,'' he added.

As enterprises embrace IT to improve productivity and drive growth, penetration of ICT infrastructure has been growing rapidly during the past decade, as has the energy consumption and resulting carbon emissions of India's ICT infrastructure.

Latest articles

GAIL, Chhattisgarh Govt Sign MoU to Explore 12.7 LMT Gas-Based Urea Plant

GAIL, Chhattisgarh Govt Sign MoU to Explore 12.7 LMT Gas-Based Urea Plant

AI Data Centers Are Reviving Obsolete ‘Peaker’ Power Plants in Chicago; PJM Prices Hit Record Cap

AI Data Centers Are Reviving Obsolete ‘Peaker’ Power Plants in Chicago; PJM Prices Hit Record Cap

India concludes free-trade talks with New Zealand, signs MoU

India concludes free-trade talks with New Zealand, signs MoU

Tata Motors Plans Five New EV Launches by FY30; Targets 50% Market Share

Tata Motors Plans Five New EV Launches by FY30; Targets 50% Market Share

Noida International Airport Taps Tech Mahindra to Run Critical Network & Cybersecurity Operations

Noida International Airport Taps Tech Mahindra to Run Critical Network & Cybersecurity Operations

Myanmar Restarts LNG Imports After 4-Year Hiatus; First Cargo Powers 150 MW Grid Injection

Myanmar Restarts LNG Imports After 4-Year Hiatus; First Cargo Powers 150 MW Grid Injection

L&T Wins ‘Major’ BPCL Petrochemical Contract Worth Up to ₹10,000 Crore; Stock Edges Higher

L&T Wins ‘Major’ BPCL Petrochemical Contract Worth Up to ₹10,000 Crore; Stock Edges Higher

ArcelorMittal Unveils $900 Million Green Energy Blitz in India; Targets 2GW Capacity by 2028

ArcelorMittal Unveils $900 Million Green Energy Blitz in India; Targets 2GW Capacity by 2028

Uber and Lyft to Pilot Baidu Robotaxis in London; UK Trials Set for H1 2026

Uber and Lyft to Pilot Baidu Robotaxis in London; UK Trials Set for H1 2026

Business History Videos

History of hovercraft Part 3 | Industry study | Business History

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2 | Industry study | Business History

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1 | Industry study | Business History

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | Industry study | Business History

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more
View details about the software product Informachine News Trackers