IT czar Azim Premji believes India is heading towards a "renewable energy revolution" the kind witnessed in the mobile phone space.
Premji, Chairman of New York Stock Exchange-listed, Bangalore-headquartered Wipro, argued that India today has a "very low, inadequate, semi-inefficient" installed base on the power generation front similar to telecom landline scenario prior to the cell phone revolution.
He said power capacity requirement in India is so huge that it would kick-start the renewable energy industry which is enjoying "generous" Government incentives.
Drawing a parellel,Premji said the mobile phone revolution in India was triggered by lack of installed base in landline and the waiting period (to get connection) of two years.
Delivering an address on "Sustainability and Innovation" at the national executive committee meeting of FICCI here, Premji expressed dismay over climate change and strongly advocated checking "abuse of ecological balance".
"The most frightening thing is water management is not high on the priority of the Government", he said, and lamented lack of recycling of water.
Premji expressed anguish over degradation of water and said tap water is not potable.
Wells in villages are polluted with people falling sick. He said it's going to be a "national crisis" if the government does not take systematic measures on a war-footing to address the issue of water management.
"While the government has woken up to increasing power generation following political pressures (from voters), they have still not woken up adequately to the issue of water management", he said.