Share Price 

Welcome to the Schneider Electric corporate Website

Addendum - Path to developed and decarbonized India

A focus on 2047 Net Zero

Addendum - Path to Developed and Decarbonized India

A focus on 2047 Net Zero

This note is an addendum to the report “Amrit Kaal: Path to Developed and Decarbonized India”, released in January 2023(1). A key originality of this report was an in-depth exploration of transformations in consumption patterns, driven by innovation and new technologies now available at scale, and their impact on future projections of India’s energy system.

A key conclusion of this analysis was that of an emerging development paradigm which, instead of building on technologies from the 20th century, relied on modern technologies now available at scale, suggesting a rapid development path fundamentally different from what is often anticipated. The outcome would be more competitive development, but also greater energy independence and a more sustainable energy system. In other words, the way that the Indian economy would develop in the coming decades would not resemble that of mature economies, which face the different challenges of decommissioning their mature infrastructure and moving away from unsustainable consumption patterns.

We developed two scenarios to study such transformation. The first scenario, 2070 Net Zero, followed the government's ambition to reach energy independence by mid-century and a net-zero economy by 2070. In 2047 Net Zero, we explored the feasibility of reaching both goals by mid-century.

In this note, we focus on 2047 Net Zero, dwell further on the findings from this scenario, and look as well at what it would take to enable such a scenario to materialize. The first chapter details key findings, while the second chapter compares this scenario to others in the literature, and the third chapter explores possible policymaking suggestions that could follow.

Schneider Electric

Vincent Petit, SVP Climate and Energy Transition Research, head of the Schneider Electric™ Sustainability Research Institute

Vincent Minier, VP Energy Transition Research, Schneider Electric™ Sustainability Research Institute

Rohit Chashta, Deputy General Manager, Energy Efficiency and Sustainability Strategy, Schneider Electric India Operations

Venkat Garimella, VP Strategy and Sustainability, Schneider Electric India Operations


Quentin Bchini, Project Manager, Global Energy Forecasting, Enerdata

Magali Mellon, Project Specialist, Global Energy Forecasting, Enerdata

A green plant growing from a dirt pile

Digital with impact

Towards a systemic approach to digitalization for a sustainable energy transition.
A city skyline with a boat in the water

Climate Horizon: Opportunities for a greener world in the Middle East

This paper explores two future perspectives for decarbonization in the Middle East by 2060.

Green digital solutions for corporate biodiversity action

The massive and accelerating loss of biodiversity is one of today’s key crises.

How Schneider Electric’s climate risks interact

And how the network view can help spot opportunities and avoid the biggest tragedies

Building a green future: Examining the job creation potential of electricity, heating, and storage in low-carbon buildings

A study reveals over 2 million new jobs can be created during the transition to net-zero buildings.

The why, what, and how of corporate biodiversity action

The approach towards corporate biodiversity action shows similarities with that of climate action at several points along the way.

Towards net-zero buildings: Exploring the IntenCity case

IntenCity has a cumulated carbon footprint 5 times less than an average European building on a 60-year life cycle.

Path to developed and decarbonized India

The choices India makes today will profoundly influence some of the world’s most pressing challenges like climate change. The good news is that these choices are yet to be made.

Road to a rapid transition to sustainable energy security in Europe

It is time to embrace sustainability as a business imperative and to capture the momentum now, for the future.

Towards net-zero buildings: A quantitative study

Progress on energy and sustainability is at an all-time high. How will that momentum fare in a new decade and under radical new circumstances? In this study, we propose a new and innovative approach to the decarbonization of the building sector.