A major drive by Hon’ble Prime Minister Shri Narendra Modi to make India more industrially self-sufficient could sharply drive up solar power prices and be a game-changer for the competitiveness of the country’s wind industry, which is already proudly localised and helping its own case by bringing more powerful turbines to market.
While for the solar sector, the need of the hour is to build a strong domestic manufacturing industry. India’s annual demand for solar cell manufacturing is 20 GW, its current average annual capacity is just 3 GW. There is an urgent need therefore, for India to devise a policy framework aimed at creating a diversified domestic manufacturing industry for solar module as well as ancillary products, that could significantly reduce its import dependence, ensure a self-sufficient, sustainable and affordable energy access and generate greater employment opportunities.
Against this backdrop, CII is organizing its 2nd digital Conference & Exhibition on “Aatmanirbhar Bharat” – Opportunities in Renewable Energy Sector on 15th -16th July 2021, 0930 hrs - 1700 hrs along with 30 days Virtual Exhibition. This event is second in the series of digital Conference & Exhibition on “Aatmanirbhar Bharat” – Opportunities in Renewable Energy Sector held in July,2020.