We are sowing the seed for future
Business Standard
|May 27, 2025
Subramanian Sarma, deputy managing director and president at construction and engineering powerhouse Larsen & Toubro (L&T), oversees the firm's fast-growing hydrocarbon, onshore and offshore, carbonlite solutions, green and clean energy, asset management, and offshore wind businesses. In a video interview with Jaden Mathew Paul and Dev Chatterjee, Sarma shares insights into L&T's vision for hydrogen and clean energy ventures, and outlines its strategy to transform India's green energy sector. Edited excerpts:
With US President Donald Trump's stand on the tariff war, how do you look at the current environment in India for the energy business?
I do not see any red flags despite all the talk of tariff uncertainty and fluctuation in oil prices. In the long term, there is no disruption and we are bullish about the Indian economy. The India-Pakistan tension following the Pahalgam massacre is now over without any major impact. Hence, the sentiment is positive. A strong economic growth in India means more demand for energy. India is now the largest consumer of energy after the US, and we have even surpassed China in terms of energy imports, particularly oil and gas.
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