7 6 Marks

What are the various factors of green industries?

Answer: Factors of Green Industries

Green Industries are manufacturing or service businesses that produce goods/services in an environmentally sustainable manner, minimizing environmental impact while maintaining economic viability. They focus on reducing pollution, conserving resources, and promoting sustainability.

Key Factors of Green Industries

1. Sustainable Resource Use

2. Energy Efficiency

3. Pollution Prevention

4. Waste Management

5. Green Supply Chain

6. Green Product Design

7. Compliance and Certification

8. Corporate Social Responsibility

Examples of Green Industries: Solar panel manufacturing | Electric vehicle production | Organic food processing | Recycling industries | Green building materials | Renewable energy equipment

Conclusion

Green industries incorporate multiple factors including sustainable resources, energy efficiency, pollution prevention, waste management, green supply chains, eco-design, and regulatory compliance. By integrating these factors, industries can reduce their environmental footprint while remaining economically competitive. Green industrialization is essential for sustainable development and achieving India's climate goals.

Sources: Module 3 Notes | UNIDO | MoEFCC