Urban Heat Resilience Dialogue at WTC Mumbai

February 16, 2026

World Trade Center Mumbai, in association with Climate Trends, hosted a high-level roundtable on “Urban Heat Stress and Its Growing Impact on India’s Economic Sectors and Public Health” as part of Mumbai Climate Week (MCW). The roundtable focused on the growing implications of urban heat stress across key sectors including energy, MSMEs, automobiles, FMCG, textiles, and urban logistics, highlighting how rising temperatures and frequent heatwaves are affecting productivity, worker safety, electricity demand, and supply chain efficiency across Indian cities.

Ms. Aarti Khosla, Founder and Director of Climate Trends, said “Climate action sits at the intersection of public health and economic growth, heat stress is the single largest threat to public health and the macroeconomy. As Mumbai hosts Climate Week for the first time, there is recognition that we are not witnessing daily weather changes, but long-term shifts in climate averages require immediate attention.”

“Investing in resilience makes economic sense, every dollar invested can generate up to 19 dollars in avoided losses. While acting today may seem costly, inaction will be far more expensive. We need practical financial models that go beyond taxonomy debates to support MSMEs and protect vulnerable workers, especially in India’s largely informal workforce, as we accelerate the transition to renewables.” Said Ms. Khosla.

Dr. Vijay Kalantri, Chairman, World Trade Center Mumbai and President, All India Association of Industries, said “If we look at Indian cities today, Urban heat is no longer an environmental issue, it is becoming a serious development challenge. Heatwaves have intensified over the past two decades; many cities are experiencing temperatures 3 to 8 degrees Celsius higher than surrounding rural regions due to the Urban Heat Island effect.”
Dr. Kalantri said, “With India’s urban population expected to cross 40 percent by 2030, rising temperatures are increasingly impacting public health, urban liveability, and economic productivity, particularly for vulnerable communities.”

“Nearly 75 percent of India’s workforce is exposed to high-temperature conditions, and estimates suggest the country could lose around 5.8 percent of total working hours by 2030 due to extreme heat alone. The World Bank has also warned that GDP losses could reach up to 4.5 percent without adequate adaptation measures.” Added Dr. Kalantri.

Mr. Vishwas Chitale, Head, Climate Resilience, Council on Energy, Environment and Water (CEEW), said, “Rising urban heat is increasingly being driven as much by rapid urbanisation as by climate change. Higher temperatures and relative humidity levels are already impacting overall productivity and industrial output. Addressing heat stress through climate-resilient solutions should therefore be viewed not only as an environmental response but also from a return-on-investment perspective, as these adaptation measures can deliver measurable economic and operational benefits.”

The session was moderated by Ms. Archana Choudhary, Associate Director, Climate Trends and the participants emphasised that urban heat, often viewed primarily as an environmental concern, is increasingly emerging as a critical economic and development challenge requiring integrated planning and coordinated action.

The roundtable witnessed participation from representatives across industry, finance, healthcare, sustainability, and policy institutions, including auctusESG, ITC, Siemens, Union Bank of India, CEEW, NISM, DSP Asset Managers, State Load Despatch Centre, and the All India MSME Association. The discussion concluded with an interactive exchange among participants, followed by actionable next steps toward strengthening urban climate resilience.

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India–Norway Focus on Energy & Investment Ties

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WTC Mumbai Strengthens Sri Lanka Trade Links

February 17, 2026 - World Trade Center Mumbai, in association with the All India Association of Industries (AIAI), hosted a business delegation from Sri Lanka to strengthen bilateral trade, investment cooperation, and industry partnerships between the two countries. The programme focused on enhancing commercial engagement across key sectors including textiles and apparel, handicrafts, lifestyle products, wellness industries, infrastructure, tourism, and IT services. The interaction facilitated over 300 B2B meetings between Indian and Sri Lankan companies, highlighting new opportunities for collaboration, market access, and supply chain integration Ms. Shirani Ariyarathne, Consul (commercial), Consulate General of Sri Lanka, said “India and Sri Lanka share a deep-rooted relationship that goes back millennia. We already have a Free Trade Agreement in goods, and we are now looking to expand cooperation through a Free Trade Agreement in services, which will further strengthen our economic integration. There are significant opportunities in tourism, textiles, automobiles, infrastructure development, and IT, and we are also exploring the further expansion of industrial zones to facilitate greater business engagement. With Sri Lanka offering preferential market access and a rapidly growing economy, the prospects for enhanced bilateral collaboration are extremely promising.” Dr. Vijay Kalantri, Chairman, World Trade Center Mumbai and President, All India Association of Industries, said “Since the Free Trade Agreement, India and Sri Lanka have come a long way in strengthening their economic partnership. Bilateral merchandise trade between the two countries has crossed USD 6 billion in FY 2024–25, and we expect this to double over the next five years. With nearly 4,000 products enjoying tariff concessions, there is significant scope to expand trade beyond traditional sectors. In this evolving geopolitical environment, strengthening regional partnerships is essential to ensure economic resilience and shared prosperity.” “There is high potential for collaboration in sectors such as textiles and apparel, pharmaceuticals, automobiles, agriculture and food processing, IT and digital services, renewable energy, and tourism. India remains one of the largest contributors to foreign direct Investment in Sri Lanka, reflecting strong business confidence and the long-term potential of the bilateral partnership. We are proud to be hosting our sixth delegation from Sri Lanka in the past six months, which reiterates the growing momentum in India–Sri Lanka engagement,” added Dr. Kalantri. Mrs. Mangala Madhuwanthi, Export Development Board Sri Lanka, said “The Sri Lanka Export Development Board plays a vital role in promoting the country’s export sector, with total exports exceeding USD 17.3 billion last year, including USD 13.6 billion in merchandise trade, these exports contribute nearly 19% to GDP. The delegation visiting today represents this diversity with companies from lifestyle, leather, wellness, renewable paper, handicrafts, and traditional batik products, and creative industry products showcasing Sri Lanka’s rich heritage and export capabilities”. The programme concluded with a Vote of Thanks by Capt. Somesh Batra, Vice Chairman, World Trade Center Mumbai, who expressed appreciation to the visiting delegation and participants for contributing to meaningful dialogue and strengthening economic bridges between India and Sri Lanka. He added that by partnering with Sri Lankan enterprises, Indian companies can leverage complementary strengths and access wider regional markets. Read More