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Is Production Linked Incentive the Solution to Boost Domestic Solar Manufacturing?

India's solar manufacturing ambitions are set to a great start, the industry believes

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The lack of financial and policy incentives to the domestic solar component manufacturing ecosystem is one of the primary factors holding back its growth, according to industry stakeholders. This may change soon thanks to the central government’s latest’ production-linked incentive’ (PLI) plan, which has allocated ₹1.45 trillion (~$19.61 billion) to ten critical sectors in the country over the next five years.

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