Get All Access for $5/mo

Clean Tech Can Impact 37 Million Livelihoods in Agri & Textile Sectors: Report According to the report, clean-tech-powered technologies have the greatest impact opportunity in Uttar Pradesh, followed by West Bengal, Bihar, Gujarat, Maharashtra, Madhya Pradesh, and Karnataka.

By Priya Kapoor

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

In India, solar-powered pumps—higher capacity and micro-pumps—have the maximum deployment potential, followed by solar-powered vertical fodder growing units and solar dryers.

Clean technologies have the potential to impact 37 million livelihoods in India's agriculture and textile sectors and translate into a market opportunity worth almost INR 4 lakh crore (about USD 50 billion). This was revealed in reports titled Decentralised Renewable Energy Technologies for Sustainable Livelihoods: Market, Viability, and Impact Potential in India and How Decentralised Renewable Energy-powered Technologies Impact Livelihoods: Findings from the Ground released by the Union minister for Power, and New & Renewable Energy R. K. Singh at the 'National Summit on Powering Sustainable Livelihoods' on Wednesday. The summit was organised by the Council on Energy, Environment and Water (CEEW) and Villgro Innovations Foundation's Powering Livelihoods initiative.

The report further stated that a whopping 70 per cent of women and farmers using clean technology reported an income increase, typically by 35 per cent. They use clean-energy powered products such as solar-powered silk reeling machines, multi-food processors, micro solar pumps, solar vertical fodder grow units, among others, to enhance and diversify their income.

According to the report, clean-tech-powered technologies have the greatest impact opportunity in Uttar Pradesh, followed by West Bengal, Bihar, Gujarat, Maharashtra, Madhya Pradesh, and Karnataka. But the relative market for each livelihood technology varies across states. For example, micro solar pumps have the highest market in West Bengal, whereas solar dryers have the highest market in Maharashtra.

Unveiling the report, the Union minister R K Singh also announced the government's new scheme for distributed applications of renewable energy (RE). "There is already a lot of work happening on the ground and our scheme could benefit lakhs of families across the country. We will, however, need large scale-manufacturing and standardising of distributed applications of RE to lower prices and expand the sector. We have seen the potential of grid-scale solar power; India will scale up distributed applications of renewable energy for livelihoods. Just like we have a large programme on rooftop solar and solar irrigation, we will create a large programme for DRE livelihoods."

"The government plans to make DRE livelihood equipment affordable. One aspect of this will be tying up with banks. If a family wants to own a solar dryer, they should be able to get financing from the banks – we will work towards it. Manufacturers and users of DRE for livelihoods are pioneers and now the government will scale it up to the next level," he added.

The minister also launched 'Suraj ka Gola' — a solar anthem produced by CEEW and Villgro. Created in collaboration with the band Maati Baani and Ashish Kulkarni of Indian Idol fame, the song celebrates how solar energy is transforming lives and livelihoods in rural India.

In India, solar-powered pumps—higher capacity and micro-pumps—have the maximum deployment potential, followed by solar-powered vertical fodder growing units and solar dryers. Collectively, these four technologies alone can impact around 27 million livelihoods. Unsurprisingly, solar pumps are the most mature among these technologies due to the government programmes supporting them since 2015.

On this occasion, Abhishek Jain, Fellow and Director – Powering Livelihoods, CEEW, said, "India is among the global leaders in clean energy transition. With a programme like Powering Livelihoods, we are taking this clean energy transition to the masses and contributing to their incomes and livelihoods. By deploying more than 11,000 such technologies across India since the pandemic, we have shown the impact of clean-energy-powered livelihood technologies on enhancing and diversifying people's incomes. In a country where a million youth reaches the working-age population every month, we need to aggressively support jobs and livelihoods."

Ananth Aravamundan, Sector Lead – Climate Action, Villgro, said that through Powering Livelihoods they have supported social entrepreneurs who are trying to create lakhs of livelihoods in rural India by harnessing renewable energy, using scalable and replicable business models. "Over a 15-year investment horizon, the clean tech product variants become more attractive than their grid alternatives. We hope that the evidence generated by this programme will motivate policymakers, financiers and manufacturers to extend support to mainstream such livelihood products."

Priya Kapoor

Former Feature Editor

Priya holds more than a decade of experience in journalism. She has worked on various beats and was chosen as a Road Safety Fellow in 2018, wherein she produced many in-depth & insightful features on road crashes in India. She writes on startups, personal finance and Web3. Outside of work, she likes gardening, driving and reading. 

 

 

 

News and Trends

Battery Smart Raises USD 65 Mn in Series B to Boost EV Battery Swapping Network

Orios Venture Partners achieves a 29x return with a strategic partial exit from Delhi-based EV startup, enhancing early-stage investment success.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Money & Finance

Avoid These 10 Mistakes Entrepreneurs Make with Money

Despite the challenging statistic that only 5% of startups survive beyond five years, common financial pitfalls often contribute to their failure. Through personal observation, I've identified the prevalent financial mistakes made by entrepreneurs.

Growing a Business

How Visionary Leaders Transform Curiosity Into Groundbreaking Ideas

Lee Brian Schrager, founder of the South Beach Wine & Food Festival, discusses the spark that launched FoodieCon, his best practices for running popular food events, and why all business owners need to adapt to social media trends.

Thought Leaders

4 Steps You Need to Follow to Make It Through Any Crisis With Your Company Intact

The steps we take before a crisis define our team's future resilience in the face of one. Here's what you need to do to prepare for a crisis of any kind at any time.

Leadership

How His Personal Battle With Cancer Inspired This Founder's Solution for Patient Care

On this episode of "The Founder CEO," Michael O'Neil, founder and CEO of GetWellNetwork, discusses his inspiring journey as a leader and the transformative role of AI in healthcare.