India plans to build a solar manufacturing ecosystem in four to five years to cut imports.

India aims to create a complete solar manufacturing ecosystem within four to five years, reducing reliance on imported components, according to Vineet Mittal, founder of Avaada Group. The company plans to establish a factory that produces solar panels from raw materials, enhancing competitiveness and cutting costs. Mittal also advocates for the promotion of e-methanol and hydrogen energy, urging government support through policies and a carbon market to encourage cleaner fuel adoption.

November 08, 2024
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