• The fifth edition of ‘India Day’ explored AI, digital public infrastructure, women-led development, health, and inclusive growth

• A high-level ministerial conversation examined new models of global development cooperation amid geopolitical, climate, and technological disruption

• Special publication on lessons from India’s AI ecosystem launched

New York / Mumbai, September 29, 2026: As world leaders gathered for the 81st United Nations General Assembly and the international community entered the final stretch to the 2030 Sustainable Development Goals deadline, ‘India Day’ @ UNGA shone the spotlight on how development innovations from India can be adapted, scaled, and shared across the Global South and beyond.

Reliance Foundation, the United Nations in India and the Observer Research Foundation, convened the fifth edition of India Day @ UNGA on Thursday, September 24, 2026, with two sessions exploring ideas to accelerate the global sustainable development agenda, and to make AI work to solve problems at scale. The sessions ‘From India to the World: Scaling Development Innovations for Global Impact’ brought together governments, multilateral institutions, civil society, and private sector innovations to ensure resilience and prosperity for all. The evening high-level ministerial session ‘Ruptures & Ramparts: Building Bridges for a
Changing World’ focused on AI, climate action, and innovative partnerships to redefine the global development agenda.

Since 2022, the India Day @ UNGA events have become an opportunity to focus conversations on accelerating development pathways, and looking at innovations that lead to equity, scalable models and the India story of resolving complex problems with ingenuous solutions. Held at the juncture of climate, geopolitical and technological transformation reshaping development, the 2026 sessions focused on governance, collaborations and models to accelerate resolutions from local contexts to population-scale solutions.

The session, ‘Ruptures & Ramparts’, featuring S Jaishankar, Minister of External Affairs, India; Kamina Johnson Smith, Minister of Foreign Affairs and Foreign Trade, Jamaica; Melvin Bouva, Minister of Foreign Affairs, International Business and Cooperation, Suriname; Samuel Okudzeto Ablakwa, Minister for Foreign Affair, Ghana; and Celeste Connors, President and Chief Executive, East-West Center, USA explored how emerging challenges will require a new development compact around innovation, technology, finance, and partnerships.

S Jaishankar, Minister of External Affairs, Government of India, said: “The UN is central to the
international system – BRICS is supportive to the UN system. The issues that were highlighted by BRICS are the key issues today – sustainability, co-operation which issues for the United Nations as well…What did the BRICS do to strengthen the UN cause? It nudged it a bit and exerted pressure on the bottom line.”

Samuel Okudzeto Ablakwa, Minister for Foreign Affairs, Ghana, said: “We have had many generations of exploitation and being taken for granted. We need to come to the table as equal partners. We don’t have to be in a binary arrangement. We don’t have to show our hands and put ourselves on a position that disadvantages. Welcome everybody to the party – at the end of the day, get the best out of it.”

Speaking at the India Day event, Rohit Kansal, Secretary, Department of Rural Development,
Government of India, said: “The real message is not in the numbers, it’s the kind of infrastructure that we’ve built. India’s message is at population scale; we democratize access, we build the architecture, and we leave the ecosystem to do the rest…Humans need not learn the language of AI, but AI should learn the language of human.”

Punya Salila Srivastava, Secretary, Ministry of Health and Family Welfare, Government of India, who presented at the India Day event, said: “Infrastructure and technology need to work together to achieve what we want it to achieve. We will need to have the infrastructure, but we will also have to have AI and digital technology to build a healthier future for others.”

Santosh Kumar Sarangi, Secretary, Ministry of New and Renewable Energy, India, said: “Energy for AI will not be a problem, but a solution once we have addressed AI for energy. If you look at India’s energy potential, there is no issue. But the requirement is for AI to make energy infrastructure more resilient, and for distribution companies to increase efficiency.”

In a statement, B Srinivasan, Executive Lead, Reliance Foundation, said: “In the changing world scenario today, AI and development is beyond individuals, institutions and nations. The challenges are complex, but the solution is in a new world, driven by humanity. We need co-operation and collaboration on a scale larger than ever before, where empathy and soft power redefine the way we deliver development, and that is the core message that India Day brings to the world.”

Stefan Priesner, United Nations Resident Co-Ordinator, India, delivering remarks at the events, said: “Four years remain until 2030. That is not long, but it is long enough if the solutions India has proven at home can travel the world. That is what today is about: taking what works from India to the world, and turning innovation to opportunity for every household and every person.”

Vishal Harsh, Deputy Consul General, Consulate General of India, in his inaugural remarks, said: “Countries are looking for development solutions and India’s experience offers an important perspective. As a major economy and with over 1.4 billion people, any successful project in India must reach the world. Development and innovation matter most when they reach the last person. AI is the next major opportunity. Solutions developed at scale in India can support countries across the Global South.”

Samir Saran, President, ORF, placed the events in context. “India Day is now a day-long affair with one primary purpose: people. The purpose of these conversations is service—serving humans—and to do that we explore how technology, innovation, partnerships, philanthropies, and international institutions can collaborate to serve humans. AI is not just a passion project of “tech bros” but a broader human project that can change how societies prosper and service each other.”

Through the day, four thematic sessions spanned artificial intelligence, digital public infrastructure, women led development, health, and the future of inclusive growth.

AI emerged as a connecting thread across conversations, reflecting its increasing urgency in approaching how development challenges are addressed from enabling scale through digital public infrastructure to strengthening health and education systems increasingly AI for solutions that are more accessible, responsive and impactful.

The session, ‘Beyond 2030: Rewiring Development for an Age of Intelligence, Inclusion and Instability’, examined geopolitical, climate, demographic, and technological shifts in development while ‘Women, Children and Youth: Building Healthier Futures for the Next Billion’ delved into public systems, community-led delivery, technology and partnerships for health, education, and economic opportunity.

‘The AI Promise: Diffusion at Population Scale’ probed the role of AI across languages, sectors, institutions, and public service delivery systems in India and the Global South, while ‘Rules of Engagement: AI Governance for a Changing World’ explored approaches to AI regulation, data governance, institutional capacity, and responsible deployment.

The programme also launched the fifth in the series of publications of India Day @ UNGA. When Silicon Meets the Soil: India’s AI Revolution, brings India’s experience in making artificial intelligence work, and positioning the country as the world’s AI use-case capital across 18 chapters.

Beyond conversations, India Day @ UNGA 2026 aimed to present an architecture for models of cooperation that could the social development agenda for the global south and the world.

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Spread across 51.75 acres, the Adani Arogya Mandir will be a multi-speciality hospital, alongside step-down and transitional care facilities. The comprehensive ecosystem will also have a Meditel and Vishram Gruh, providing accommodation for relatives of patients receiving care at the hospital.

“Mr Adani, we look forward to your presence to rebuild Bengal. The final vision is not just a hospital campus, it will be a fully integrated healthcare city. Nowhere in India is there a hospital of this high standard. The hospital will give a big boost to medical tourism. This is historic, meaningful and an auspicious day for us. Viksit Bharat 2047 can happen only if Bengal develops,” said Suvendu Adhikari, Chief Minister of West Bengal.

“The Adani Arogya Mandir will be a world-class, not-for-profit medical institution that will have 2,000 beds – with a thousand beds catering to economically weaker sections of society, eligible under State and Central health insurance schemes,” Mr Gautam Adani, Chairman, Adani Group said.

Drawing a parallel with Mundra in Gujarat that became the Group’s foundation for mega-projects, Mr Adani referred to the state as the Group’s karmabhoomi in the East. He announced an investment roadmap of over Rs 1 lakh crore by 2035 in the state across sectors spanning ports, logistics, renewable energy, power generation, power transmission and distribution, roads and bridges, green cement and hyperscale data centres.

The Adani Arogya Mandir campus will feature a medical college, with an annual intake of 150 undergraduates, 100+ postgraduates and 40+ super-specialists. It will also include a College of Nursing and an institution for allied healthcare and paramedical education, creating a multidisciplinary ecosystem for the next generation of doctors, nurses, technicians and allied healthcare professionals. The broader campus ecosystem will also provide residential facilities for the healthcare professionals and their families.

In its first phase, the multi-speciality hospital will focus on cancer care, providing advanced tertiary and highly specialised healthcare services.

The Adani Arogya Mandir will develop a research ecosystem encompassing genomics, precision medicine, biomedical informatics, artificial intelligence, clinical trials, molecular and other applied biomedical sciences. The hospital will emphasise translating scientific discoveries into improved diagnosis, treatment and prevention.

The institution will work with international partners to co-create new knowledge, technologies, clinical pathways and intellectual property, bringing global scientific expertise and capabilities into an Indian research environment. This research will tackle India’s unique healthcare priorities while producing scientific solutions that benefit the entire world.

The Adani Foundation has engaged Mayo Clinic Global Consulting in the United States and Singapore’s SingHealth to bring global expertise in clinical care, academic medicine, digital health, quality, workforce development and innovation.

The investment will establish a major healthcare and academic institution in Kolkata and create the platform for subsequent development of Centres of Excellence across specialities and super-specialities in Phase II. By creating a comprehensive destination, Adani Arogya Mandir Kolkata will help reduce outward health migration from the region.

Alongside the Adani Group’s industrial and healthcare initiatives in the state, Mr Adani also announced support for revitalisation of the renowned Kumartuli Ghat. The Group signed two MoUs with the Government of West Bengal for restoration of the historic Writers’ Building and promoting the art and spirit of Kolkata’s Durga Pujas to the global stage through Adani Pujo Preview. The initiative will support puja organisers, artists, artisans, service providers and the wider ecosystem of Bengal.

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Supporting Laos’ Elephants

Laos, once known as Lan Xang, the “Land of a Million Elephants”, is now home to approximately 400 wild elephants and more than 400 elephants in captivity, with both populations facing a continuing decline. Wild elephants face habitat loss, fragmentation, human-elephant conflict and poaching. Many captive elephants continue to work in logging and tourism, with limited access to specialised veterinary care. It is estimated that for every one to two elephants born in Laos each year, around 10 die.

A National Rapid Response for Elephants

As a first step, an Elephant Rapid Response Team has been inaugurated at Mandalao Elephant Conservation in Luang Prabang, in the presence of Lao Government representatives.

Vantara has provided a fully equipped mobile elephant veterinary unit that will enable the team to respond to sick and injured elephants across Laos, including both wild and captive elephants. The collaboration will also establish a specialised hospital for elephants requiring emergency treatment, long-term care and rehabilitation.

A New Beginning for Mae Khamnoy

The launch coincides with the rescue of Mae Khamnoy, a 43-year-old female elephant who spent her entire life working in logging operations. She lost two calves during pregnancy, reportedly as a result of the hardships she endured. More recently, she was being kept alone beside a busy road in Vientiane, where she was ridden by tourists and made to perform tricks.

Mae Khamnoy will now move to Mandalao Elephant Conservation for a well-deserved retirement, where she will receive veterinary care, a natural and balanced diet, and the opportunity to live alongside other elephants and experience social interaction. Her rescue highlights some of the welfare challenges facing working elephants, including injuries associated with prolonged work, inappropriate riding equipment and the use of hooks.

Veterinary Care and Local Capacity

Alongside the launch, Vantara and Mandalao veterinary teams carried out a health camp for 12 resident elephants including comprehensive health assessments, diagnostics and specialist consultations. The programme will also provide capacity building training for elephant caregivers and Veterinarians in elephant welfare, husbandry, nutrition and preventive healthcare, helping build long-term veterinary and animal-care capacity in Laos.

Dr Tim Bouts, Elephant Veterinary Specialist at Mandalao Elephant Conservation, said: “Establishing this Elephant Response Team is a major step forward for elephant welfare and veterinary care in Laos. We are proud to offer this service free of charge to elephant owners and Government Departments responsible for elephants across the country. We thank Vantara for its support and look forward to a long-term collaboration.”

Protecting Wild Elephants

Beyond supporting elephants in human care, the partnership will develop long-term, field-based solutions to support the recovery of Laos’ wild elephant population and safeguard its genetic diversity. This will include work on population recovery, habitat stewardship, community engagement, and measures to reduce human-elephant conflict and poaching. The work will be developed with Lao authorities, local communities and conservation partners.

Ajit Kulkarni, Special Director, Compliance and Due Diligence, Vantara, said: “We are glad to partner with Mandalao to support the elephants of Laos, in Laos. By combining veterinary care with investment in local expertise and conservation in the wild, we hope to make a lasting contribution to the future of the country’s elephants.”

The partnership brings together Mandalao’s experience in Laos with Vantara’s veterinary, technical and conservation expertise, with the aim of strengthening the country’s long-term capacity to care for and conserve its elephants.

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As part of the “Bottles for Change” initiative, Bisleri plans to educate staff on proper plastic waste handling, collection, and the importance of recycling. This initiative targets institutions, housing societies, corporates, and communities, with the goal of fostering a sustainable approach to plastic usage.

The partnership is also designed to align with India’s broader environmental goals, particularly the transition towards a circular economy. By encouraging responsible waste management, the collaboration seeks to contribute meaningfully to national efforts aimed at reducing plastic waste and promoting sustainability.

Impact on Environmental Strategy

The collaboration underscores SBI’s commitment to sustainable development and its ambition to achieve net zero emissions by 2055. Ravi Ranjan, Managing Director of SBI, emphasised that empowering employees with knowledge about sustainable practices fosters awareness that extends into their communities.

Ranjan noted that partnerships like this are vital in realizing India’s vision for a developed nation by 2047. By integrating sustainability into workplace culture, SBI aims to enact change that resonates beyond their operations and positively impacts society.

Conversely, Dr. Angelo George, CEO of Bisleri, highlighted that effective plastic waste management begins with awareness and collective efforts. He articulated that the partnership leverages SBI’s extensive reach alongside Bisleri’s expertise to encourage responsible plastic segregation and recycling practices among employees.

Broader Commitment to Sustainability

As part of their corporate social responsibility, both organisations are committed to fostering greater awareness about responsible waste management practices across India. This alliance reflects a concerted effort towards environmental stewardship while promoting sustainability across all operations.

Bisleri International has a longstanding focus on purity and safety, being one of the country’s leading packaged water brands. Its operations are supported by a strong distribution network and adherence to rigorous quality tests, which further complements the objectives of this partnership.

Both entities aim to establish a scalable model that encourages corporate responsibility in managing plastic resources, thus aiming to create a sustainable future for India through their collaborative efforts. As the initiative unfolds, it is expected to yield valuable insights and practices that can be beneficial for various sectors in the economy.

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The release comprised five male and 15 female blackbucks, transferred from Vantara, Jamnagar, following the requisite approvals of the Chief Wildlife Warden, Gujarat, and the Central Zoo Authority (CZA). The transfer was undertaken in accordance with prescribed protocols covering veterinary examination, health screening, quarantine, disease surveillance, safe and humane transportation and release. Vantara complied with all the necessary requirements.

The significance of the initiative extends beyond the release of 20 animals. Restoring native herbivores is an important part of rebuilding the ecological fabric of Banni, strengthening its native herbivore community, supporting natural predator prey relationships and contributing to the recovery of a more resilient grassland ecosystem.

Banni is a vast grassland landscape supporting pastoral communities and diverse native wildlife. Blackbuck, chinkara, nilgai and wild boar have historically formed part of its herbivore assemblage. Their recovery, alongside habitat conservation and scientific grassland management, can help restore the ecological character and biodiversity of the landscape.

The initiative reflects the broader national commitment to the revival of India’s native species and restoration of its grassland ecosystems, a conservation direction strongly championed under the leadership of the Hon’ble Prime Minister of India, Shri Narendra Modi. Project Cheetah, launched under this national vision, has placed ecological restoration, recovery of grasslands, prey base strengthening, scientific wildlife management and community participation at the centre of India’s species recovery efforts.

Dr Jaipal Singh, IFS, Chief Wildlife Warden, Gujarat, said: “Restoring native wildlife is fundamental to restoring healthy landscapes. The release of these 20 blackbucks into Banni on India’s Independence Day is an important milestone in our continuing effort to recover the ecological character and biodiversity of this unique grasslands. Such restoration requires science, sustained management and collaboration, and we appreciate Vantara’s technical support in carrying out the programme in accordance with prescribed protocols.”

Ajit Kulkarni, Special Director, Compliance & Due Diligence, Vantara, said: “There can be no greater privilege on Independence Day than contributing to a future in which India’s native species continue to live and flourish in the natural landscapes to which they belong. Species restoration is not simply about releasing animals; it requires a thorough understanding of the habitat, the species and the individual animals being released, as well as habitat dynamics, population planning, and the active support of all stakeholders, particularly local communities, to ensure the long-term success and sustainability of these efforts. We are honoured to support the Gujarat Forest Department and the Government’s conservation vision for Banni, and to contribute our technical capabilities wherever they can strengthen India’s wildlife conservation efforts.”

Part of a Wider Gujarat Native Herbivore Conservation Programme

The Banni release forms part of a wider programme to strengthen native herbivore populations across Gujarat. The Central Government, through the Ministry of Environment, Forest and Climate Change, has approved the translocation of 500 blackbucks and 100 chinkara, with the Chief Wildlife Warden, Gujarat, providing the necessary directions for the exercise.

While components of this wider programme support prey base augmentation in connection with the planned cheetah reintroduction programme, the Banni blackbuck release also has an important and independent species restoration objective: rebuilding populations of wildlife native to the grasslands.

The Banni Grassland Forest Division has sought Vantara’s technical support for the wider translocation programme, including specialised herbivore transport vehicles, portable boma systems, veterinary expertise and technical support for safe handling and transportation.

The initiative builds on the Gujarat Forest Department’s sustained conservation work. With the approval of the Chief Wildlife Warden, Gujarat, Vantara has previously supported the Forest Department in the rewilding of nearly 80 spotted deer in Barda Wildlife Sanctuary, contributing to biodiversity strengthening within the Asiatic lion conservation landscape.

The Banni initiative further strengthens this model of conservation collaboration, with the State Government and Gujarat Forest Department providing leadership and stewardship, supported by Vantara’s specialised capabilities in veterinary medicine, wildlife management, translocation and post release monitoring.

As India celebrates its 80th Independence Day, the return of these blackbucks to Banni carries a significant conservation message: protecting India’s natural heritage means not only safeguarding species, but restoring the landscapes in which they can once again live wild and thrive.

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Education has the power to transform lives, strengthen communities and build nations. Guided by this belief, the Reliance Foundation Scholarships have been identifying and supporting exceptional young talent across the country, enabling scholars to pursue higher education with confidence while equipping them with opportunities to grow, reaching thousands of students.

While Reliance has been providing scholarships for over three decades, in December 2022, on the 90^th birth anniversary of Reliance Founder-Chairman Shri Dhirubhai Ambani, Mrs Nita M Ambani, Founder & Chairperson, Reliance Foundation, announced an additional commitment of 50,000 scholarships over 10 years, making it one of India’s largest private scholarships. Till date, Reliance has awarded over 33,000 scholarships.  Last year, the 5,100 selected scholars were from1,350 institutions across 27 states and seven Union Territories, reflecting the breadth of talent and aspirations from different parts of India.

The Reliance Foundation Undergraduate Scholarships support 5,000 meritorious students every year, through a merit-cum-means selection process, enabling deserving students from diverse socio-economic backgrounds to pursue higher education and realise aspirations.

The Reliance Foundation Postgraduate Scholarships recognise 100 exceptional students annually, pursuing future-ready disciplines, including Engineering, Technology, Energy and Life Sciences. Awarded on the basis of academic excellence and aptitude, the scholarships seek to nurture researchers, innovators and professionals to address the challenges of tomorrow. Selected undergraduate students will be provided a scholarship of up to Rs. 2 lakhs, while postgraduate students will receive a scholarship of up to Rs. 6 lakhs, through the duration of their programme.

In addition to the grants, the Reliance Foundation Scholarships provide a holistic development journey with mentorship, leadership development programmes, networking opportunities, interactions with industry experts and a vibrant scholar community to build skills, confidence and perspective to create meaningful impact. Eligible students can apply online through https://scholarships.reliancefoundation.org/.  The undergraduate selection process includes an aptitude assessment and financial background, while postgraduate applicants will be assessed through academic merit, aptitude and other selection parameters. There is no fee at any stage of the application process.

Enabling students to dream big: Through the years, Reliance Foundation scholars have proceeded to excel across technology, healthcare, research, academia, entrepreneurship, public leadership and several other fields, creating meaningful impact within their communities and beyond. Reliance Foundation looks forward to welcoming another cohort of exceptional young minds whose ideas, innovations and leadership will help shape the India of tomorrow.

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As part of the partnership, Reliance and Rolls-Royce will explore the formation of a dedicated Aerospace Gas Turbine Complex that will be a centre of excellence for power and propulsion technology in India.

The partnership will offer a compelling proposition for joint development of the AMCA engine in India, bringing together world-leading technology and industrial execution capabilities. This marks a step towards realising the vision set out by the Hon’ble Prime Minister of India, Shri Narendra Modi, for India’s defence ecosystem to deliver an indigenous engine to power the country’s fighter jet programme.

Statement from Sh Anant Ambani, Executive Director, Reliance Industries Limited: “India’s strategic autonomy requires sovereign capability in critical technologies. Our intent with Rolls-Royce is to combine their world-leading expertise in advanced propulsion with Reliance’s technology, manufacturing, scale and execution capabilities to build an indigenous aero-engine ecosystem in India. Together, we aim to build an enduring national capability that can make India self-reliant and, over time, globally competitive in advanced propulsion technologies. This is our contribution to the Hon’ble Prime Minister Shri Narendra Modi’s vision of an Atmanirbhar Viksit Bharat.”

Statement from Tufan Erginbilgiç, CEO, Rolls-Royce plc: “I welcome the opportunity to join forces with Reliance Industries, bringing together our century-long heritage in advanced engineering and proven engine expertise with their homegrown leadership in Indian industry. Together, with our existing partnerships and capabilities in India, this marks a major milestone towards building a robust, self-reliant aerospace ecosystem in the country.”

By combining Rolls-Royce’s global leadership in engines with the established industrial strengths of Reliance, the Aero Gas Turbine Complex will build sovereign, end-to-end Indian capability across design, development, manufacturing, testing, production and through-life support. This will also unlock opportunities to explore wider collaborations across defence, civil aerospace, and new power and propulsion systems.

The alliance will support India’s ‘Atmanirbhar Bharat’ vision for technology indigenisation and help position the country as a global leader in advanced propulsion capabilities.

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The solar module order reinforces Saatvik’s position in the rapidly growing renewable energy sector in India. This development arrives amidst a broader surge in demand for solar modules, enhancing the company’s order pipeline and operational viability.

Details of the Order and Execution Timeline

The agreement, as per the company’s exchange notification, is set to be completed by March 2027. Saatvik Green Energy has confirmed that this transaction does not involve a related-party transaction, assuring stakeholders that its promoters or their associates hold no financial interest in the deal.

This significant contract is projected to enhance the company’s revenue outlook over the upcoming quarters. The increasing capacity for solar power generation in India presents ample opportunities for growth in this sector, making the fulfilment of this order pivotal for Saatvik.

As an integrated solar energy solutions provider, Saatvik Green Energy engages in solar PV module manufacturing along with providing comprehensive EPC services. The company specializes in delivering high-efficiency photovoltaic modules suitable for various renewable energy projects.

Financial Performance and Market Position

The latest financial report from Saatvik Green Energy shows a mixed performance for the quarter ending March 2026. The company experienced a notable decline in net profit, dropping by 36% to ₹60.61 crore compared to ₹94.71 crore during the same period last year. Despite this decline in profit, revenue soared significantly, with sales witnessing a 74.95% increase to ₹1,607.66 crore against ₹918.94 crore for the quarter ending March 2025.

This dramatic revenue growth signifies the success of Saatvik’s expansion in solar manufacturing and project functionalities. However, the decline in profit margins indicates persistent challenges that the company faces even as its operational scale expands.

The recent ₹400 crore order emerges at a time when there is a marked escalation in the renewable energy landscape in India, leading to a heightened demand for solar products and related EPC services. This scenario bodes well for Saatvik Green Energy, providing them with substantial business opportunities as they contribute to India’s clean energy agenda.

Future Outlook for Saatvik Green Energy

As the renewable energy sector in India continues to grow, the new contract positions Saatvik Green Energy advantageously for ongoing developments in solar manufacturing. The order is not merely a financial boost; it also enhances the company’s credibility and influence within the solar sector.

With this substantial order in hand, Saatvik aims to consolidate its market standing and expand its presence across various segments of solar energy infrastructure. This strategic move is anticipated to enhance the company’s stability and will likely attract further investments in the coming years.

Ultimately, the robust demand for domestically produced solar modules signifies a positive trajectory for Saatvik Green Energy as it navigates through the complexities of market volatility while striving to achieve sustainability goals in India’s energy landscape.

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Captive Solar Power for Mungeli Operations

The primary objective of this investment is to enable UltraTech Cement to secure solar power for its manufacturing plants located in Mungeli district, Chhattisgarh. By establishing a captive solar power arrangement, the company aims to meet its increasing green energy demands while managing electricity costs effectively. This initiative will contribute significantly to UltraTech’s efforts to minimise reliance on traditional power sources.

In addition, the captive power setup is expected to assist UltraTech in adhering to the regulatory requirements related to captive power consumption in accordance with India’s electricity regulations. Given the energy-intensive nature of cement production, advancing in renewable energy procurement aligns with the company’s long-term decarbonisation objectives.

The special purpose vehicle (SPV), Solaris Horizon Energy, is in the process of developing a 65 MW solar power project in Chhattisgarh. UltraTech’s investment enabling access to the clean electricity generated by this project will facilitate a more sustainable operational model for its cement manufacturing activities.

Broader Renewable Energy Strategy

This acquisition of a stake in Solaris Horizon Energy is part of UltraTech Cement’s overarching strategy to increase its reliance on renewable and clean energy sources. In the fiscal year 2026, the company commissioned an additional 371 MW of renewable energy capacity, raising its total installed capacity to 1.39 GW.

Furthermore, during the same period, UltraTech added 63 MW of waste-heat recovery capacity, bringing its total clean power capacity to 1.81 GW. These enhancements reflect the company’s ongoing commitment to diversifying its energy sources and improving sustainability.

UltraTech’s expanding renewable energy portfolio has made a substantial impact on its operations, with green energy accounting for approximately 41 per cent of its total power requirements in FY2026. This figure rose to about 43 per cent in the fourth quarter of FY2026, demonstrating the company’s active transition towards renewable electricity.

Long-term Commitment to Clean Energy

UltraTech Cement’s collaborative investment in Solaris Horizon Energy underscores a notable trend among major industrial players seeking stable access to renewable electricity. Such strategies promote long-term availability of clean power, contributing to better visibility of energy costs while supporting sustainability goals.

The upcoming 65 MW solar project in Chhattisgarh is expected to enhance UltraTech’s renewable energy network further, reinforcing its commitment to increasing the proportion of clean power in its manufacturing operations. This investment is anticipated to facilitate a greater alignment with the company’s sustainability agenda and energy efficiency targets.

Overall, UltraTech Cement’s initiatives in renewable energy underscore the firm’s proactive approach towards adapting its operations to meet environmental challenges and regulatory mandates within the industry. This strategic investment is a step towards achieving a more sustainable energy model in the cement manufacturing sector.

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Vande Bharatam received applications from every State and Union Territory, with ideas spanning mobility, sustainability, technology, agriculture, defence, healthcare, manufacturing, education and other sectors. The cohort brings together innovators from varied regions, disciplines and backgrounds, united by the ambition to solve the nation’s problems, build nation-building enterprises and create nationwide impact.

Created on the premise that talent is everywhere, even when opportunity is not, Vande Bharatam aims to connect promising innovators with top mentors, industry leaders, visibility and opportunities, to turn ideas into meaningful enterprises. The initiative is built on Mr Adani’s deeply held belief in giving back to the country that gave him the opportunity to dream, build and grow, and in creating pathways for others to do the same.

Speaking on the launch of the first cohort, Mr Gautam Adani said: “When I look at these innovators, I see the possibilities of tomorrow’s Bharat. Talent has no city limits and opportunity should not have them either. Years from now, I hope we will look back at this first cohort and see among them the founders and innovators who went on to build enterprises that transformed Bharat. This is their initial chapter. And it is Vande Bharatam’s first chapter too.”

Selected through a multi-stage evaluation process, the first cohort will take part in Vande Bharatam Immersive Week, featuring mentorship sessions, interactions with business leaders, entrepreneurs and experts, and successive rounds of evaluation. The program will culminate in the Vande Bharatam Grand Finale on 14 August, where outstanding innovators will be recognised and presented with the Vande Bharatam Trophy.

Vande Bharatam is designed as more than a competition. Its longer-term ambition is to build a national platform that discovers ideas earlier and gives innovators beyond India’s traditional entrepreneurial centres access to people and institutions that can accelerate their journeys.

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