JUNE 20194As per varied industry reports, a global transformation to a low carbon economy is under way, fundamentally changing the way in which natural resources including energy and water are produced, distributed, stored, managed and consumed. The growing world population, increasing power consumption of the middle class in emerging markets and growing scarcity of natural resources around the world are driving this transformation. Energy security-related concerns, rising energy and commodity prices, and the business response to climate change are also important drivers of change. The government has decided to spend USD 20 billion for hydro projects by 2020 and USD 200 billion to add 150GW of power capacity over a period of five years.The need to make energy efficiency improvements through the sustainable use of resources to protect the environment has started figure in the priorities of businesses across the world. With the advent of Cleantech, organizations ­ mid-size to large corporations across the globe are embracing it as a means of growth, efficiency, sustainability and competitive advantage worldwide. Since Cleantech enables a variety of industries, old and new, to transform themselves and become a part of this new journey. This has led to innovation in technology, business models, financing mechanisms, cross-industry partnerships and its adoption by corporate organizations. A clutch of such start-ups is seen driving disruptive innovation and the growth of clean technology. They are developing the technologies, business models, products, and services required to deploy and finance cost-effective Cleantech solutions at scale. New disruptive innovations are unlocking new big Cleantech markets. In our current edition, we have identified "10 Most Promising Cleantech Startups". The edition features a list of startups that are doing some extraordinary work in Cleantech. These startups are seeking to produce environment-friendly products which should benefit the natural environment by adopting clean production technology and using harmless or less harmful new techniques, energy resources, and technology.Do let us know your thoughts.Nandini MukherjeeManaging EditorCleantech is the Next Big thing!EDITOR'S NOTE Vol 4 · Issue 12 - 5 · June, 2019 Publisher Alok Chaturvedi Managing Editor Nandini Mukherjee Editorial Team Amit Raja Naik Hridkamal Roy John Roshan Anto Lakshmi G Aparna Roy Sales & Marketing Shashi Ranjan Tapas Mallick Editorial Queries editor@startupcity.com To subscribe Visit www.startupcity.com/subscribe Cover price is Rs. 150 per issue.Printed and Published By Alok Chaturvedi on behalf of Siliconmedia Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Editor Alok ChaturvediCopyright © 2019 SiliconMedia Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.sales@startupcity.comGroup Art Director Ashok KumarCirculation Manager Magendran PerumalVisualisers Manjunath Siva ShankarGM Sales & Marketing Amrit Singhsiliconindia
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