Companies in India Spent $34B on Green IT and Sustainability in 2014

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Companies in India Spent $34B on Green IT and Sustainability in 2014

by Vikas Vij
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Companies in India Spent $34B on Green IT and #Sustainability in 2014 http://bit.ly/1AKNGV3 read more on @Justmeans #technology

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Monday, December 22, 2014 - 4:00pm

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Companies in India are becoming increasingly conscious of the global trends in corporate sustainability and are willing to integrate environmental and social concerns into their strategic business plans. Indian businesses are slowly but surely going beyond viewing CSR as only philanthropy, and adopting green IT and sustainability initiatives into their core business operations.

Global information technology research and advisory firm, Gartner, Inc., in its recent report called “Hype Cycle for Green IT and Sustainability in India 2014” has stated that India’s spending on green IT and sustainability initiatives will amount to $34 billion in 2014. This represents a jump of over 14 percent from $29.2 billion that was spent in 2013.

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Vikas is a staff writer for the Sustainable Development news and editorial section on Justmeans. He is an MBA with 20 years of managerial and entrepreneurial experience and global travel. He is the author of "The Power of Money" (Scholars, 2003), a book that presents a revolutionary monetary economic theory on poverty alleviation in the developing world. Vikas is also the official writer for an international social project for developing nations "Decisions for Life" run in collaboration between the ILO, the University of Amsterdam and the Indian Institute of Management. 

 
Keywords: Innovation & Technology | Gartner Inc. | Green IT | Hype Cycle | India | Responsible Business & Employee Engagement | sustainability

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