Teak has the highest capacity for carbon sequestration among trees in India.
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/teak-absorbs-max-co2-air-helps-check-global-warming
[2] http://admin.indiaenvironmentportal.org.in/category/author/himanshu-kaushik
[3] http://admin.indiaenvironmentportal.org.in/category/newspaper/times-india-ahmedabad
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/gujarat
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/global-warming
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/carbon-dioxide
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/climate-change
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/forests
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/afforestation