In Short : Industry stakeholders said expanding the Approved List of Models and Manufacturers to include ingots and wafers will strengthen domestic solar manufacturing and reduce import dependence. The move is expected to encourage upstream investments, improve supply chain resilience, and support self-reliance. Broader ALMM coverage could accelerate capacity creation, stabilize module supply, and enhance […]
Import Dependence Of Solar Industry Set To Come-down To 10% by 2030 – EQ
In Short : India aims to reduce its solar industry’s import dependence to 10% by 2030, down from 90%. This shift is driven by investments in domestic manufacturing and government policies supporting renewable energy. However, reaching the 500 GW renewable energy target by 2030 may still require substantial imports, potentially costing India $30 billion annually. […]