India Mulls $1 Billion Subsidy Plan to Boost Solar Manufacturing.

RENEWABLE energy transition (Government policy); FACTORIES; INGOTS; ENERGY security; RENEWABLE energy sources

India is considering a $1 billion subsidy plan to support its solar manufacturing industry and reduce reliance on Chinese imports. The plan, proposed by the Ministry of New and Renewable Energy, aims to boost domestic production of wafers and ingots. The initiative, backed by Prime Minister Narendra Modi's office, seeks to replicate the success of India's mobile-phone manufacturing industry by providing incentives to manufacturers. However, India will still need to import polysilicon, a key raw material, as it lacks domestic production capacity. [Extracted from the article]

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