
Dr. Arvind Kumar*
The recent Global Industry Summit in Riyadh, the 21st session of the United Nations Industrial Development Organization (UNIDO) General Conference was more than a mere convergence of multilateral stakeholders. It was a crucible where 173 member states subjected the extant models of industrial development to intense scrutiny, ultimately forging a manifesto for industrial redemption. The desert wind that swept through the Saudi capital carried not just sand, but the seeds of a new industrial paradigm, culminating in the unanimous adoption of the Riyadh Declaration. This pivotal document serves as a covenant for transformation, demanding that industrial progress transcend the narrow pursuit of GDP metrics and embrace planetary stewardship and social inclusion.
This wasn’t an exercise in mere bureaucratic protocol; it represented a decisive pivot point for the global community, acknowledging that developmental imperatives must walk hand-in-hand with climate action and social equity. For a nation like India, standing at the precipice of its demographic dividend, the outcomes of Riyadh offer a normative direction and institutional partnership critical for navigating its aspiration to become a developed economy by 2047.
The summit’s foundational structure was architecturally elegant, balancing on three interconnected pillars: investment and partnerships, women’s empowerment, and youth engagement. This setup reflected a sophisticated understanding that sustainable industrialization cannot be financed by capital flows alone; it requires the full mobilization of human potential.
The reappointment of Dr. Gerd Müller as UNIDO’s Director General for a second term provided a powerful signal of continuity and confirmed the organization’s trajectory toward climate-resilient industrialisation and digital innovation. His stewardship has been marked by statistical validation, including a staggering 102% rise in project funding, guaranteeing sustained attention to the capacity-building required by developing nations.
The Architectonics of Renewal
The summit forcefully addressed the structural inequities embedded within global industrial ecosystems. It illuminated a stark paradox: despite decades of commitments, women remain dramatically underrepresented in high-tech and green industries. As UNIDO’s Cecilia Estrada articulated, these disparities are “as unjust as they are inefficient,” costing innovation and resilience. The adoption of the Gender Equality and Empowerment of Women in Industrial Development Resolution marked a concrete step toward embedding gender mainstreaming into UNIDO’s operational architecture. For India, where women’s labour force participation remains stubbornly low, this focus on women-led entrepreneurship offers a blueprint for unlocking dormant economic potential.
Similarly, the focus on youth recognized them as the essential co-creators and catalysts for innovation. For India, where 65% of the population is under 35, the ability to channel this immense demographic energy into productive green technology sectors is the ultimate determinant of its future.
At its philosophical core, the Riyadh Declaration articulates a coherent vision for Inclusive and Sustainable Industrial Development (ISID). Four strategic imperatives, resonating profoundly with India’s developmental trajectory, emerged from this decisive mandate: Reframing Industry as a Holistic Engine: ISID is positioned not merely as a contributor to GDP, but as the primary driver of poverty reduction, job creation, and environmental stewardship. This integrated framework offers pathways for India to address the endemic paradox of jobless growth. Accelerated Decarbonization: The Declaration calls for sustainable practices fully aligned with the Paris Agreement, moving beyond aspirational rhetoric to demand accelerated industrial decarbonization. This is not incrementalism; it mandates emissions reductions exceeding 90 percent by 2050 in hard-to-abate sectors like steel and cement. Technology Democratization: Emphasis on digital transformation, including artificial intelligence and the Internet of Things, speaks directly to India’s Industry 4.0 ambitions, offering the possibility of leapfrogging developmental stages. Reinforcing Multilateral Consensus: The Declaration represents a deliberate pushback against the fragmenting tendencies of contemporary geopolitics and supply chain weaponization, reinforcing the efficacy of multilateral cooperation to address global inequality and climate change.
India’s participation in Riyadh confirmed its evolving status within the UNIDO ecosystem—no longer merely a recipient of technical assistance, but an active co-creator of development solutions. This transformation is institutionally codified by the establishment of the Facility for International Cooperation on Inclusive and Sustainable Industrial Development (FIC-ISID) in 2021. This initiative focuses on the specific objectives of enhancing manufacturing productivity, promoting green industrial development, and strengthening institutional capacity for industrial policy formulation.
The convergence between UNIDO’s ISID framework and India’s “Make in India” initiative is natural, though the Riyadh Declaration adds a critical, non-negotiable dimension: sustainability must be embedded from inception. India’s aggressive industrial policy, manifested through the Production-Linked Incentive (PLI) schemes, must ensure that this expansion avoids locking the economy into carbon-intensive industrial pathways.
UNIDO’s technical expertise, backed by significant funding commitments including nearly $60 million from the European Union for ongoing projects is essential for accelerating this green transition. Concrete examples of this partnership abound, such as the UNIDO-GEF Textile Project, which aims to reposition Indian textiles as leaders in sustainable fashion through closed-loop recycling and eco-friendly crop solutions. Furthermore, the Facility for Low Carbon Technology Deployment (FLCTD) program has already validated 88 innovative climate technologies, committing approximately $3.8 million to bridge the crucial ‘valley of death’ between laboratory breakthroughs and market adoption.
The most epistemological shift reflected in the Riyadh Declaration is the reframing of climate action from a constraint to an opportunity. India possesses the raw materials for a fundamentally different industrial trajectory than those followed by earlier industrializers. By adopting cutting-edge clean technologies green hydrogen production, circular manufacturing, renewable energy integration India can build a competitive advantage in the emerging low-carbon global economy.
If one seeks a metaphor for this moment, it is that of awakening; an awakening not from slumber, but from the unconscious habit of prioritizing profit maximization over planetary stewardship. The traditional industrial model, characterized by resource depletion and the externalisation of environmental costs, is revealed as fundamentally self-defeating. The Riyadh Declaration offers the global community, and especially India, permission to pioneer regenerative alternatives.
The Metaphor of Industrial Awakening
Yet, the significance of any declaration is measured not by the elegance of its diplomatic prose, but by the difficulty of its translation into deliverables. The pathway from Riyadh demands sustained political will, leveraging UNIDO’s expertise to green the PLI implementation by building sustainability standards directly into incentive disbursement criteria. It requires accelerating the development of green industrial corridors and positioning India as a hub for South-South technology transfer in clean manufacturing.
India stands at a threshold. The question is not if it will industrialize that is an inevitable conclusion given its scale but how it will industrialize. Mortgaging its future, or emerging as a global model for inclusive, sustainable industrialization? The seeds of this future have been planted on the desert sands of Riyadh. Now comes the arduous, yet necessary, cultivation.
*Editor, Focus Global Reporter


