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OEM Update

Energy Management – A Key Concern for Indian Inc.

November 10, 2010 11:19 am

Business leaders throughout India give a higher priority to energy efficiency in their facilities than do those in any other major country, according to the Johnson Controls Energy Efficiency Indicator (EEI). This year’s survey results provide a look at how business leaders in India are prioritizing and investing in energy efficiency compared to last year and to other regions around the world.
 
According to the Johnson Controls Energy Efficiency Indicator (EEI) survey, 85% of business leaders in India consider energy management very or extremely important. This is a drop from 94% last year but significantly higher than in other parts of the world in 2010 – 52% in the U.S., 58% in Germany, 61% in the U.K. and 79% in China.
 
In addition, nearly all respondents in India are planning to make capital (87%) and operating (93%) investments in energy efficiency over the next 12 months, up from 64% and 72%, respectively, in 2009. Globally, a smaller percentage are planning to make capital (63%) and operating (70%) investments in efficiency compared with India, although global investment plans are up from 54% and 62%, respectively, in 2009.
 
“Despite the recession, decision–makers have put efficiency high on their agendas for 2010, especially those in India and China,” said Pramoda Karkal, Vice President & Managing Director, Building Efficiency, Johnson Controls, India. “In our business we help buildings to operate efficiently and profitably, and we see these benefits being recognized in new markets and regions worldwide.”
Although there is broad consensus that improving energy efficiency helps control rising energy costs, reduces a company’s environmental footprint, and increases the value of buildings; Mr. Karkal noted that there are still several barriers preventing global implementation.

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