You are on page 1of 4

Hello Guys my name is Dhawal.

Today I speaking about Sustainable


development Goal 9 i.e. Industry Innovation and infrastructure towards business
in India. This is a part of my business Etics CA. So let
me Start my presentation.
Point 1st
Infrastructure industry and innovation are important drivers force of economic
growth. With over half of the world's population now living in urban areas mass
transport and renewable energy are becoming ever more important, as are the
growth of new industries and information and communication technologies.
Technological advancement is also essential for finding long-term solutions to
both economic and environmental problems, like creating new employment and
increasing energy efficiency. Sustainable development may be facilitated by
promoting sustainable industries and investing in scientific research and
innovation. More over 4 billion people still lack Internet connectivity, with 90%
of them living in developing countries. To provide fair access to information and
knowledge, as well as to support innovation and entrepreneurship, it is essential
to bridging the digital gap.
Why sdg is necessary in business
Businesses can only exist in a world with successful industry and infrastructure
and can only grow at the hands of innovation. Businesses rely on materials,
resources, and labor across the world in every aspect of their operations. The
COVID-19 pandemic highlighted how interconnected people are and how
delicate industry truly is. In a world that is rebuilding from a devastating
pandemic, businesses must support growth in SDG 9 to secure infrastructure
supporting technologies, communications, transportation, and sanitation to
enhance equity, progress, and economic growth.

Challenges with Industry and Infrastructure


The trade industry is crucial to have a prosperous economy with job growth, firm
partnership and a wider variety of product availability. The quality of trade and
transport infrastructure has not improved. It has remained at a steady ranking of
2.91 out of five. Manufacturing has remained stationary and has not experienced
any growth. This particular industry also has the opportunity to contribute to
economic prosperity. India’s industrial growth rate shows these determinants,
which has decreased by 0.8% from 2016 to 2019. India’s industries as a whole
also produce lots of hazardous waste as well as water waste, which contradicts the
idea of sustainability.

Challenges with Innovation

An increase in the research and development budget is crucial for scientific


innovation. However, the expenditure on research and development has made no
recent improvements, remaining at 0.6% to 0.7%. As of 2018, the number of
scientific or technical journal articles published has a ranking of 0.10 in
comparison to 0.9 in 2017, and the goal is to rank at 1.2. Nuclear technology,
nanotechnology and technology-driven Green Revolution are all fields with
massive growth potential. Nonetheless, this would require an increase in the
research and development sector controlled by the public sector.

Point 2nd
Further let me move towards improvements in business with reference to
industry innovation and infrastructure
Innovation Improvements
Education and universities have a significant role in contributing to a country's
development, and India has already achieved progress. The World University
Rankings gave India's top three institutions a score of 44.9 in 2020. This is pretty
close to achieving the final target of 50 points. Availability of information and, as
a result, the improvement of education for everybody has developed
with widespread of internet access. The percentage of Indians who use the
internet has increased from 17% in 2015 to 34.45% in 2017. It has more than
doubled since the Sustainable Development Goals were implemented.
Infrastructure Improvements
The providing of accessibility for India's various rural areas has been a huge
achievement for India. As of 2017, 70 percent of the all roads were being built in
rural regions. In general, the number of national highways being built has more
than doubled, from 4,410 kilometers in 2015 to 10,824 kilometers in 2019. This is
a huge increase in focus to infrastructure and what it can do for a country’s
connectivity. From 2015 to 2019, the port handling capacity of 12 major ports
increased by 84 percent. This opens up the possibility of significantly improved
trade and shipment performance.
Industry Improvements
In addition, India has worked on making the business industry simpler to enter,
promoting new enterprises and growth, in order to accomplish SDG Goal 9. The
government has implemented business reforms in order to enhance its Ease of
Doing Business ranking in the World Bank. As a result, it was rated 63rd in the
world in 2019, up from 142nd in 2015. Product development and design have
also expanded greatly. From 2015 to 2019, the number of design patents doubled.
This is a begnigging  to the industry's expansion.
Overall, India has made significant progress in achieving SDG Goal 9. Between
2018 and 2019, the gross domestic product increased by 7.2 percent on average.
India has also maintained a commitment to not just boosting industry, innovation,
and infrastructure, but also to ensuring that they are sustainable and environment
friendly. It was able to achieve one of the lowest carbon emissions per capita in
the world.
3rd Point
Moving on to the application of the solutions of SDG,
Some of the relevant global key figures related to ‘Industry, Innovation and
Infrastructure’ provided in the Indian statistics include
India has made commendable progress in the provision of basic infrastructure
designed to spur growth. The construction of National Highways/roads increased
from 4,410 km in 2014-15 to 10,824 km in 2018-19.62 The 12 major ports have a
cargo handling capacity of 1,477.22 million tonnes in 2018-19,63 which has
grown by 84 per cent from 801 million tonnes in 2014-15.64 India's industrial
corridor is one of the world's largest infrastructure projects, with an estimated
investment of US$90 billion. It is planned as a high-tech industrial zone spread
across six states which would act as an industrial hub for trade and commerce and
provide industrial heat zones across the nation.
Besides, more than seven thousand reforms were undertaken in the 36 States and
UTs to streamline the business regime under State Level Business Reforms
Action Plan. These initiatives have started showing results – India has jumped 79
places in the World Bank's Ease of Doing Business ranking of countries, in the
past five years, moving from 142 in 2014 to 63 in 2019. India is the only nation to
have made it to the list of top 10 improvers for the third consecutive year. The
next immediate milestone is to be one of the top 50 countries in the World Bank
rankings, as the country works on the roadmap to become a USD 5 trillion
economy by 2025

You might also like