Green buildings seen as $30 bn-market

Date: 27 September 2011
NEW DELHI: A host of companies are showing keen interest for environment-friendly construction in India, pushing analysts to project the market size for "green buildings" to grow three-fold from $10 billion to $30 billion in the next four years."Two-three years ago, the market for green buildings in India was just $4-5 billion.

Now it is around $10 billion. And studies show it will increase further to $30 billion over the coming four-five years," said French trade commissioner here, Sebastien Andrieux.

"What you invest in a green building you own it for ages. You will also save energy all the while. In a few years you recover your investment as well. So in the long term, it becomes cheaper than conventional construction," Andrieux told IANS.

The country even has an Indian Green Building Council, promoted by the Confederation of Indian Industry's Sohrabji Godrej Green Business Centre, to promote the concept, certify buildings as green and train professionals.

According to the council, the tangible benefits include 20-30 percent energy saving and 30-50 percent water saving, while intangible benefits include enhanced air quality, excellent day lighting, health of occupants and conservation of scarce resources.

Read the full story:

600450 Green buildings seen as $30 bn-market

See more news about:

Others also read

Dow Corning, a global leader in silicones, silicon-based technology and innovation, is expanding its India operations with the opening of the SAHAYOG Building Solutions Centre in New Delhi.
Experts from Dow Corning High Performance Building will host a seminar and networking event entitled ‘Modern Façade Technologies' at Le Meridien, New Delhi on 18 February, 2015.
Be a part of Zak World of Façades – an interactive seminar focused on showcasing the best technology and practices for the Indian façade industry.
The Gimav companies in the flat glass sector, ever more interested in the potential offered by the Indian market, will collectively participate in the most important glass trade fair in India.
The 7th edition during December 2009 was a resounding success, with the response of the 220 exhibitors from more than 20 countries and this edition attracted over 26000 visitors from 14 countries enabling them to interact directly with their business partners from around the world. 85% of the exhibitors highlighted that this was the best exhibition they have ever witnessed in terms of participating companies profile and the visitor turnout.
Special Focus on Solar Technology and Energy Efficiency GPD – the Glass Performance Days is ready for the launch of its first ever GPD India Seminar.

Add new comment