Under the patronage of His Highness Sheikh Mohamed Bin Zayed Al Nahyan, President of the United Arab Emirates

تحت رعاية صاحب السمو الشيخ محمد بن زايد آل نهيان، رئيس دولة الامارات العربية المتحدة

Supported by

Prashant Ruia

CEO

Essar Capital

Prashant
Prashant

Prashant Ruia is a second-generation entrepreneur who belongs to the founding family of Essar Group. Having been inducted into the business at an early age Prashant at 55 is an industry veteran. He has been at the helm of decision making for the Essar Group for more than four decades. Essar Group is one of India’s largest multinational conglomerates, operating across Energy, Infrastructure, Metals & Mining and Technology & Retail sectors. Essar with an asset base of $9.6 billion, and annual revenues of $15 billion is fast-aligning to the needs of a low-carbon economy and global Net Zero carbon goals by investing in technology and innovation in each of the four sectors where it is present. Prashant is an active member of the UK India Business Council (UKIBC), Young Presidents Organization (YPO), Confederation of Indian Industries (CII), Entrepreneurs Organization (EO) and a board member in the US-India Strategic Partnership Forum (USISPF).

Session Overview
Tuesday, 5 November
12:00
Strategic Conference ICC Hall 12:00 - 13:00
View Session
Decarbonising the industrial manufacturing value chain

The central challenge facing heavy industry is to increase production whilst decarbonising its operations, with the latter requiring innovative technology deployment, broader electrification of the industrial base and new energy sources like green hydrogen. To effectively decarbonise heavy industrial manufacturing, it is imperative global collaboration intensifies, leveraging advanced technologies and policies such as Europe's Green Deal Industrial Act and the U.S. Inflation Reduction Act. How can policy makers and heavy industry work together to leverage progressive policies and advance clean technology to accelerate the decarbonisation of the industrial value chain?

Attendee insights:

Gain insights into the importance of fostering collaboration, leveraging progressive policies, and building trust across sectors to accelerate the decarbonisation of heavy industry.

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