Office Address
123/A, Miranda City Likaoli Prikano, Dope
Phone Number
+0989 7876 9865 9
+(090) 8765 86543 85
Email Address
info@example.com
example.mail@hum.com
123/A, Miranda City Likaoli Prikano, Dope
+0989 7876 9865 9
+(090) 8765 86543 85
info@example.com
example.mail@hum.com
A majority of the
winners of India’s PLI scheme have listed supply chain partners and service
providers from China, according to a report.
Renewable energy sector
leaders such as Reliance New Energy Solar, Tata Power, ReNew Solar, Avaada
Electro, and Waaree Energies have listed vendors from China as major suppliers.
Indosol (Shridi Sai), one of the winners in the
first tranche of solar PLI, has listed 94 vendors of which 65 are Chinese
whereas Reliance New Energy listed all its 20 foreign vendors from China.
However, Adani Mundra,
the solar manufacturing division of Adani Group has not submitted any names to
the government yet.
Tata Power Solar, winner
of the second tranche of the PLI scheme has mentioned seven suppliers/supply
chain partners of which four have Chinese origin, two are from Germany, and one
from Singapore, respectively.
Waaree Energies, one of
India’s oldest solar equipment manufacturers has 17 supply chain partners for
its PLI project are all Chinese.
Among other firms, VSL
Solar, AMPIN Solar, and Grew Energy have more than 90% of their vendors from
China.
The firms have submitted the list to the Ministry
of New and Renewable Energy to facilitate the grant of visas for foreign
experts of agencies.
Since India’s solar
module manufacturing capacity is at a nascent stage, the supply chain needed to
set up is also China-dominated.
The PLI scheme for solar
is aimed at boosting the domestic supply chain of solar power equipment, and
reducing the dependency on imports.
Around 70% of India’s
solar power generation capacity is built on China-made solar equipment.
The government in 2021
announced PLI schemes for 14 sectors such as telecommunication, white goods,
textiles, manufacturing of medical devices, automobiles, speciality steel, food
products, high-efficiency solar PV modules, advanced chemistry cell battery,
drones, and pharma, with an outlay of ₹1.97 lakh crore. The schemes aim to
attract investments in key sectors and cutting-edge technology; ensure
efficiency, bring economies of size and scale in the manufacturing sector and
make Indian companies and manufacturers globally competitive.
The objective is to bring all stakeholders on a
common platform, fostering a sense of
ownership to facilitate exchange of knowledge and experiences, good practices
and success stories, ultimately contributing to the successful implementation
of PLI schemes.
