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Overcapacity in solar module manufacturing industry to moderate profitability of solar OEMs, spur consolidation of smaller/pureplay module players: ICRA – EQ

ICRA expects the solar photovoltaic (PV) module manufacturing capacity in India to increase to over 165 GW by March 2027 from ~109 GW at present, led by strong policy support in the form of the approved list of models and manufacturers (ALMM), which effectively barred the direct import of modules, along with the imposition of […]

INCREASING ADOPTION OF ELECTRIC VEHICLES IN INDIA – EQ