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Indian Solar Ingot Machinery Manufacturers Need Government Support, Patient Capital

July 21, 2026

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In an interview on the sidelines of the Mercom India Renewables Summit 2026 in New Delhi on July 1 and 2, Rajasekhar Elavarasan, Founder and CEO, and Avinash Kumar, Vice-President, Technology, at Raana Semiconductors, talk about the company’s plans for manufacturing machines for solar ingot production. They said Indian players will be able to compete with Chinese equipment companies if the government supports them with subsidies and patient capital.

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