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How India became the frontline of Europe’s green revolution
- In Karnataka, India's first one-gigawatt green hydrogen electrolyser is being assembled with Belgian technology and capital, marking a shift in European companies' approach to India.
- John Cockerill, a Belgian industrial group, views India as central to its global sustainability strategy, aiming to double its workforce and achieve Euro 1 billion in annual turnover by 2030.
- India's engineering talent attracts Western multinationals for clean technology innovation, aligning with the country's ambitious renewable energy targets and focus on green hydrogen.
- John Cockerill in India is transitioning towards sustainability technologies like hydrogen production, energy storage, and defense systems, emphasizing talent evolution and innovation over existing skills.
- Indian technical universities are contributing to the shift in how multinational corporations approach emerging markets, with John Cockerill leveraging Indian talent globally and emphasizing internal mobility.
- Despite challenges such as gender imbalance, the company's investment in employee development, feedback-driven policies, and diversity initiatives has led to promising results and below-average attrition rates.
- Developing and deploying clean technologies in India is crucial for companies like John Cockerill to ensure global competitiveness in the face of climate change and the race for industrial leadership.
- India's talent market offers opportunities but requires heavy investment in training and development to capitalize on its technical potential, positioning the country as a potential leader in clean technology innovation.
- Green revolutions depend on people as much as machines, with India emerging not just as a participant but increasingly as a leader in talent and innovation for the future economy.
- European companies recognize India's significance in the green revolution, highlighting that industrial leadership may shift from traditional Western hubs to Indian cities like Bangalore and Pune.
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