Insights from News18 Rising Bharat Summit 2026 on Energy and Digital Transformation
News18 Rising Bharat Summit 2026: Energy Transition, Digital Scale And The Power Of Legacy Businesses
News 18
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At the News18 Rising Bharat Summit 2026 in New Delhi, Prashant Ruia, Director of Essar Capital, emphasized the need for businesses to balance traditional energy sources with new technologies. He highlighted opportunities in digital infrastructure and the importance of family-led businesses in navigating global challenges while maintaining long-term growth.
- 01Essar Capital's Prashant Ruia discussed the intersection of energy transformation and digital infrastructure.
- 02The demand for conventional energy sources remains strong despite the push for cleaner alternatives.
- 03Essar is investing in hydrogen projects in the UK and biofuels in India.
- 04Digital infrastructure growth is driven by AI and cloud computing, with plans for data centers in India and the UK.
- 05Family-led businesses are crucial for sustainable growth, emphasizing adaptability and long-term vision.
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During the News18 Rising Bharat Summit 2026 held in New Delhi, Prashant Ruia, Director of Essar Capital, shared insights on how India's growth is being shaped by energy transformation and digital infrastructure. He noted that while the global shift towards cleaner energy is accelerating, the demand for conventional energy sources like oil and gas remains robust. This duality necessitates that companies, including Essar, balance their legacy operations with future-focused investments. Ruia outlined Essar's approach to energy transition, which includes a large-scale hydrogen project in the United Kingdom aimed at supporting cleaner fuel adoption and expanding biofuel capabilities in India, particularly in sustainable aviation fuel. He also highlighted the burgeoning digital infrastructure sector, driven by advancements in artificial intelligence and cloud computing, with Essar planning significant investments in data centers across the UK and major Indian cities like Mumbai and Delhi. Furthermore, Ruia discussed the impact of geopolitical complexities on global trade, suggesting that they may create new opportunities for Indian businesses to strengthen domestic manufacturing and supply chains. The summit underscored the importance of family-led businesses, which combine long-term vision and adaptability, as they engage younger generations and innovate while preserving legacy values. This strategic balance will be critical for navigating the evolving business landscape.
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The focus on energy transition and digital infrastructure may lead to job creation and new business opportunities in India, particularly in sectors like renewable energy and technology.
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