Subscribe
Today’s print edition
Home Delivery
NEW DELHI/BEIJING – Indian makers of solar panels are being forced to shut factories as they face waits stretching up to eight months for domestic components to replace Chinese imports as the government pushes to beef up domestic manufacturing, industry sources say.
The disruptions, triggered by rules that took effect on June 1, threaten thousands of jobs and investment of nearly $4 billion, manufacturers and analysts said, while imperiling India’s 2030 target to boost solar energy capacity.
“We have suffered a lot due to the domestic cell unavailability for the past three months,” said Shailendra Shukla, chairman of Icon Solar, a module maker, who expects production to shrink sharply to about 1 GW from 3.2 GW.
In a time of both misinformation and too much information,
quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.
Your subscription plan doesn’t allow commenting. To learn more see our FAQ
Sponsored contents planned and edited by JT Media Enterprise Division.
広告出稿に関するおといあわせはこちらまで
Read more
