Industry Leaders Urged to Embrace Renewable Energy and Curb Gold Obsession Amid Global Pressures
Sunil Bharti Mittal, founder of Bharti Enterprises, speaks at the CII Annual Business Summit about the ongoing Middle East crisis, urging industry leaders to align with PM Modi's call to reduce energy costs and move away from gold imports. He emphasizes investing in renewable energy and India's growth.
Amid escalating tensions in the Middle East, Bharti Enterprises founder and chairman Sunil Bharti Mittal has echoed calls from Prime Minister Narendra Modi for the industry to lower energy costs and move away from gold imports. Speaking at the CII Annual Business Summit, Mittal highlighted the pressing need to invest in renewable energy.
Mittal, often referred to as the telecom czar of India, underscored the significant pressure that global economies face due to the crisis, urging the Indian industry to adapt. He praised the country's growth, noting its expansion at 6 to 7 percent annually, but emphasized the need for strategic responses to external geopolitical challenges.
Recognized with the CII President's Award for Lifetime Achievement, Mittal highlighted the importance of 'Made in India' products and services, advocating for increased domestic investment. He called on industry peers to seize the moment for growth, leveraging the country's dynamic and youthful market.
(With inputs from agencies.)
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