+
India Launches New Scheme to Boost Solar Equipment Manufacturing
POWER & RENEWABLE ENERGY

India Launches New Scheme to Boost Solar Equipment Manufacturing

India has launched a new initiative aimed at boosting domestic manufacturing of solar equipment. The scheme, announced recently, aims to reduce dependency on imported solar components and strengthen the country's self-reliance in renewable energy production.

The initiative comes at a crucial time as India accelerates its renewable energy capacity expansion to meet ambitious targets. By incentivizing local production of solar equipment, the government aims to lower costs, improve availability, and create employment opportunities within the renewable energy sector.

The scheme is expected to attract investments in manufacturing facilities, research and development, and technology innovation related to solar photovoltaic (PV) cells, modules, and other critical components. It aligns with India's broader strategy to enhance energy security, reduce carbon emissions, and promote sustainable development.

India has launched a new initiative aimed at boosting domestic manufacturing of solar equipment. The scheme, announced recently, aims to reduce dependency on imported solar components and strengthen the country's self-reliance in renewable energy production. The initiative comes at a crucial time as India accelerates its renewable energy capacity expansion to meet ambitious targets. By incentivizing local production of solar equipment, the government aims to lower costs, improve availability, and create employment opportunities within the renewable energy sector. The scheme is expected to attract investments in manufacturing facilities, research and development, and technology innovation related to solar photovoltaic (PV) cells, modules, and other critical components. It aligns with India's broader strategy to enhance energy security, reduce carbon emissions, and promote sustainable development.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code