Session on the Role of Industry in Achieving Net Zero 2070 held — Address by Sharath Kumar Pallerla, MoEFCC, Government of India
Hyderabad, October 17, 2025: The Federation of Telangana Chambers of Commerce and Industry (FTCCI) organised a Virtual Session on “The Role of Industry in Net Zero 2070”, addressed by Sri Sharath Kumar Pallerla, Scientist ‘G’, Ministry of Environment, Forest and Climate Change (MoEFCC), Government of India, on Saturday. The session was organised by the Environmental, Social, and Governance (ESG) Committee of FTCCI, with over 75 participants attending.
Sri Sharath Kumar Pallerla highlighted that since the 1800s, human activities have been the primary drivers of climate change — mainly due to the burning of fossil fuels such as coal, oil, and gas. The consequences, he said, include rising global temperatures, extreme weather events, melting glaciers, rising sea levels, ecosystem disruption, oceanic changes, health risks, economic losses, and increased inequality.
Sri Sharath Kumar Pallerla’s technical presentation explained the impact of climate change and how the global surface temperature and global sea level are increasing. To address climate change, India has declared 8 goals. He explained India’s green commitments, PANCHAMIRT :
· 500 GW Non-fossil energy capacity by 2030
· 50% of energy from renewable sources by 2030
· Reduce projected carbon emissions by 1 billion Tonnes from 2021 to 2030
· Reduce carbon intensity of the economy by over 45% by 2030
· Net Zero by 2070
In his welcome address, Mr R. Ravi Kumar, President of FTCCI, said: “The journey towards achieving Net Zero by 2070, as outlined in the global climate action agenda, is one of the most critical challenges of our time. Industry, being a major contributor to both carbon emissions and economic growth, holds a pivotal role in driving the transition towards a low-carbon economy.”
He added that FTCCI believes the private sector’s engagement is vital to realising this vision. “Industry leaders and innovators can lead by example by integrating sustainability into their core strategies, adopting green technologies, and collaborating with governments and communities to build a resilient, net-zero economy,” he said.
India’s long-term commitment to Net Zero emissions by 2070, as part of the Paris Agreement goals, is both ambitious and necessary, he said. “It is through industry that most emissions are generated — but it is also through industry that innovative solutions can be developed, adopted, and scaled.”
Delivering the opening remarks, Mr G. Bala Subramanyam, Chair, ESG Committee, FTCCI, said: “Climate change is disrupting ecosystems and human livelihoods through rising temperatures, extreme weather, and resource scarcity, demanding urgent action for sustainability. Addressing this challenge requires collective participation from all stakeholders — Government, Industry, Academia, and Citizens — working proactively and collaboratively.”
He added that one of India’s key climate initiatives, the National Mission for Enhanced Energy Efficiency, has already achieved CO₂ emission reductions of about 306 million tonnes per year through various energy-efficient interventions.