India mulls $1 billion subsidy plan to boost solar manufacturing

India is finalizing a $1 billion plan to support its solar manufacturing industry, aiming to reduce reliance on China and boost domestic production of wafers and ingots. The subsidies are expected to mirror the success seen in India’s mobile-phone manufacturing sector with companies like Apple and Samsung.

Feb 25, 2025 - 16:30
 0
India mulls $1 billion subsidy plan to boost solar manufacturing
India is finalizing a $1 billion plan to support its solar manufacturing industry, aiming to reduce reliance on China and boost domestic production of wafers and ingots. The subsidies are expected to mirror the success seen in India’s mobile-phone manufacturing sector with companies like Apple and Samsung.

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