As we present the fourth edition of India’s Most Sustainable Companies (IMSC), we find ourselves in a transformative moment. The country’s efforts toward creating a greener, more responsible economy are steadily gaining traction. This issue highlights the strides made by businesses and the evolving sectors that are driving this change. A prime example of this evolution is the clean air technology sector that has been gaining momentum because of the focus on sustainable solutions.
At the centre of this edition’s narrative is Siddharth Dixit, MD & CEO of Amida Cleantech, whose leadership and vision are shaping the clean air economy. The clean air tech market is expected to cross $30 billion by 2031, with Asia leading the demand. Indian companies, recognising this opportunity, are beginning to make significant inroads into this sector. Siddharth’s work is a testament to how innovation in clean air solutions is not just about meeting environmental mandates but also about opening new economic frontiers. This is a moment of opportunity, and the Indian market is well-positioned to lead this charge.
Our cover story is a deep dive into the potential and growth of this sector. The global market for Air Pollution Control Systems was estimated at $74 billion in 2020 and is projected to grow at a CAGR of 4.8 per cent to reach $98.2 billion or Rs 8.2 lakh crore by 2026, according to Global Industry Analysts. Clean air tech is becoming increasingly essential as urbanisation, industrial expansion and climate change demand sustainable interventions. The implications of this growth are far-reaching, offering not only cleaner air but also new business opportunities and societal benefits. In a world focussed on sustainability, Indian companies can play a pivotal role in setting global benchmarks.
This issue also carries the weight of a significant loss. The passing of Ratan Tata has left a void, not just in India’s business landscape but in the nation’s collective consciousness. His contribution transcended corporate boardrooms. Mr Tata’s vision for the Indian industry has always aligned with principles of sustainability, responsibility and philanthropy. He was not just a businessman but a custodian of values that resonate deeply with the essence of a sustainable and inclusive India. His passing marks the end of an era, but his legacy will continue to inspire generations of leaders who strive to balance profit with purpose.
As you explore this issue, you will find stories of companies that are setting new standards in sustainability, much the way Ratan Tata did in his lifetime. We hope these stories inspire you to think of sustainable business practices and the path forward for India in a world where economic growth and environmental stewardship go hand in hand.
