The Interim Budget for 2024 indicates a significant shift for India’s goal of achieving Net Zero status Mr. Deepak Rai, Managing Director Of Bootes- India’s First Net Zero Company
BOOTES has major focus and delivering infrastructure projects in tier 2 & 3 cities and is building Net Zero infrastructure for the Tourism sector. Furthermore, the government’s commitment to green transition aligns with Bootes’ sustainability goals. BOOTES welcomes these measures as it gives us the opportunity to triple our business in the next fiscal and looks forward to contributing to the nation’s 2070 Net Zero goals.
We believe an encouraging fiscal policy will have a positive impact on the EPC sector in several ways, including improving stability in input prices and increasing the order-to-revenue ratio, leading to enhanced revenue visibility. From Year 2024, we anticipate that 78% of new commercial buildings constructed in India will be green, presenting a significant expansion opportunity. With the appropriate financial support, Net Zero Construction Technology Companies such as BOOTES will be able to enhance their growth and financial performance by improving operational efficiency, stabilizing working capital requirements, and reducing dependence on external debt. This will enable us to expand our range of energy-efficient construction technologies, including cutting-edge cooling and heating solutions for new buildings addressing the opportunity in the Green Building/Net Zero space.”
About BOOTES https://bootes.in/
Headquartered in Gurgaon, BOOTES is India’s first Net-Zero Company with the vision to be the pioneers in transformative and sustainable building solutions and, to redefine construction industry benchmarks towards a greener, healthier and Net-Zero/Aatmanirbhar Bharat. The company provides 360-degree solutions: Design, Build, Finance, Operate, and Transfer with best-in-class technologies that reduce Operating Costs & Carbon Footprint. BOOTES delivers sustainable and Aatmanirbhar infrastructure to actualise India’s Net-Zero goals 2070.
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