India to pursue twin goals of becoming economic, energy superpower: Ambani

India needs disruptive solutions in renewable, low carbon and carbon recycle technologies, as well as success in renewable energy and innovations in energy storage and utilization to achieve the twin goals of becoming an economic and clean and green energy superpower, Reliance Industries Mukesh Ambani said on Saturday.

Ambani, who is also the chairman of the Board of Governors of Gandhinagar-based Pandit Deendayal Upadhyaya University (PDPU), said in his convocation address that he expects “explosive and exponential growth” in the Indian economy in the post-COVID era.

Ambani said, “By the middle of the century, the world will use double the amount of energy it uses today. In the next two decades, India’s per capita energy needs will double compared to today.”

Therefore, he said that India needs to pursue two goals simultaneously: to become an economic superpower, and to become a clean and green energy superpower.

“To achieve these dual goals, we need disruptive solutions in renewable, low-carbon and carbon recycle technologies. We need breakthroughs in renewable energy s such as green and blue hydrogen,” he said.

In addition, Ambani said that the country needs great innovations in energy storage and utilization.

He was addressing undergraduate students at the 8th convocation of PDPU organized through video conferencing, where Prime Minister Narendra Modi was the chief guest.

For graduate students concerned with the uncertainties that arose after COVID’s position, they advised them to venture with the highest hope and confidence.

“The future is very bright for India. It is our ancient nation that has faced many adversities in the past and has strengthened each time. This is because resilience is in the very DNA of the Indian people and Indian culture. After COVID. The RIL chief said, “I clearly see explosive and exponential growth in the Indian economy.”

He said that in a few decades India will join the top three economies of the world.

He said, “Development will create unprecedented opportunities and opportunities for young and talented people like you. In fact, most of these opportunities will be created by young entrepreneurs themselves. I see among you the creators of successful start-ups.”

Ambani said that unprecedented changes are taking place in the future of energy, which is affecting the “future of humanity and our planet”.

He said that if the synergy between the Indian Energy Revolution and the Fourth Industrial Revolution is mastered, it would surely become “one of the most prosperous countries in the world” guaranteeing prosperity and welfare for all Indians.

“The most important question before us is: can we produce increasing amounts of energy, we need to sustain our economies without damaging the environment without failing to meet our climate change obligations. We need these questions “Yes,” she said.

Ambani praised the leadership of Gujarat under the leadership of Chief Minister Vijay Rupani and said that the state has always been a pioneer and showing a pioneering spirit.

He said that the world accepts that the new Gujarat has paved the way for a new India, with the visionary leadership of Prime Minister Narendra Modi which Gujarat is now providing to the nation.

He said that PDPU will continue to make its unique contribution to enhance the prestige of Gujarat and India in the energy sector.

Ambani advised the students to continue the learning process as “a continuous and never ending process of exploration, discovery and adventure”.

“A true student never stops searching for knowledge,” he said.

“The world is waiting for you. Step outside and take the plunge. If necessary, but in chasing your dreams with passion, purpose and persistent effort. Your dreams will really come true,” he said.

About 2,600 students received their degree certificates at the convocation. More than 40 scholars received PhD degrees, and 77 students were awarded Medals of Merit.

Due to the COVID-19 epidemic, the entire proceedings, including the opening of the facilities, were carried out via video conference.

(Only the headline and picture of this report have been reworked by Business Standard employees; the rest of the content is auto-generated from a syndicated feed.)

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