The World Economic Forum's Transitioning Industrial Clusters Initiative has gained significant momentum as 33 industrial clusters from 16 countries, including five from India, commit to economic growth, job creation, and emission reductions. These clusters aim to collectively reduce carbon dioxide-equivalent emissions by 832 million tonnes, with a substantial contribution to global GDP and job market. A new report highlights the role of industrial clusters in advancing clean-energy infrastructure worldwide, emphasizing collaboration and innovative business models. The addition of new clusters from India, Thailand, and Australia underscores the initiative's focus on the Asia-Pacific region. Notable Indian clusters like Gopalpur Industrial Park, Kakinada Cluster, Kerala Green Hydrogen Valley, Mundra Cluster, and Mumbai Green Hydrogen Cluster are driving decarbonisation efforts and green technology adoption. The initiative aims to foster collaboration among co-located companies and public institutions to achieve economic growth, job creation, and emissions reductions.