We commend the government's continued visionary approach towards green and sustainable economic growth as outlined in the interim Budget.
The measures introduced for developing green energy capacity in the country - viability gap funding for offshore wind energy, boost for electrification and promotion of compressed biogas - demonstrate the nation’s focus towards building a cleaner energy ecosystem. These initiatives will also stimulate innovation and growth within the renewable energy sector.
The budget's focus on agriculture and food processing, along with investments in efficient supply chains, align with Danfoss's commitment to sustainable solutions for Cold Chain sector. The emphasis on urbanization, especially Metro Rail and NaMo Bharat, creating more residential infrastructure powered by solar, etc. resonates with our ambition to contribute to India's green transition with our energy efficient technologies.
Furthermore, the emphasis on technology, research and innovation, including the establishment of a corpus for tech-driven advancements, will accelerate new 'India for India' solutions in the field of engineering and technology.
At Danfoss, we look forward to actively participating in these transformative initiatives, contributing our 9 decades plus expertise to drive sustainable development and innovation in India.
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