5th World Trade Expo 2024
The World Trade Expo, hosted by the World Trade Centre, Mumbai and All India Association of Industries, provides an exceptional opportunity for Embassies, Consulates, Trade Offices, Chambers of Commerce, State Governments, Multinational Companies, and Universities to engage with Indian MSMEs, Start-ups, Corporate Houses, and students. It serves as a platform to showcase potential prospects in trade, investments, technology, tourism and education within the 30+ participating countries, fostering collaborations, exports, technology partnerships, and academic endeavors.
Mr Ajay Shankar, Distinguished Fellow, TERI, was the Guest of Honor at the 5th edition of the World Trade Expo. In his address, Mr Ajay Shankar mentioned, “Sustainability and green energy is the focus of India’s development initiatives now. India can surprise the world by becoming a global leader in reducing carbon emissions and mitigating climate change. India can succeed in reducing carbon emissions if we promote cost-effective green hydrogen in hard to abate sectors such as steel, fertilizers, refining and so on. India has already achieved four times the solar power capacity target of 22,000 mw set under its National Solar Mission 2010.” Mr Shankar further remarked, “We have already crossed 1.1 degree rise in global warming and restricting this rise to 1.5 degree is technically feasible but appears unlikely for most observers. The world needs to act with a greater sense of urgency to save mankind and India is showing the way.”
The Hon’ble Governor of Maharashtra, H.E. Shri C P Radhakrishnan served as the Chief Guest at World Trade Expo 2024. The Hon’ble Governor, in his remarks, mentioned, “India has declared to become net zero in carbon emission by 2070, which is a marvelous commitment at a time when developed economies are hesitating to take such pledge. As we move towards a future defined by our commitment to sustainable growth, the importance of green and renewable energy cannot be overstated. It is not just an environmental concern but a critical element of India’s Energy Security Vision and its journey toward achieving net zero emissions by 2070. Maharashtra, as the largest economy and one of India’s leading industrial states, plays a pivotal role in this national mission.”
H.E. Shri C.P. Radhakrishnan added, “Another exciting frontier is green hydrogen. Last year, Maharashtra became the first state in India to announce Green Hydrogen Policy, with a target to produce 500 kilotonne of green hydrogen annually. This policy is aimed at promoting industrial decarbonization, enhancing energy security, and positioning Maharashtra as leader in export of green hydrogen. I am confident that Maharashtra will be instrumental in achieving India’s national target of 5 million metric tonne of green hydrogen per annum by 2030 under the Green Hydrogen Mission.”
In his capacity as Chancellor of universities in Maharashtra, H.E. Shri C.P. Radhakrishnan invited industry to work closely with universities of the state in areas of research, development and skill development.
