Growth of Domestic Solar Manufacturing Hindered by Global Supply Chain Disruptions
The rise in raw material prices and freight charges have been challenging for domestic manufacturers in the last six months
November 16, 2021
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The Indian government has come up with several initiatives to encourage domestic solar manufacturing. In April this year, the Union Cabinet approved the production-linked incentive (PLI) program to push gigawatt-scale manufacturing of high-efficiency solar photovoltaic (PV) modules with an outlay of ₹45 billion (~$605 million). The general perception is that this program is meant for the larger investors and will not help smaller manufacturers.