Solar strategies

 

Solar strategies

 

Article link: Solar Strategies - The Hindu BusinessLine

Extract from the article: The article delves into the significant investments and developments in the solar industry, emphasizing India's substantial solar power capacity of 749 GW.

It highlights the challenges posed by high-profile investments and the dominance of Chinese companies in driving down prices, impacting local manufacturers.

Moreover, the piece underscores the potential for India to become a key global player in solar product manufacturing, with estimates suggesting the creation of 250,000 new jobs and substantial export opportunities.

My Take:

Blogging about the need to protect the economy from external influences and promote indigenous manufacturing and job creation in the solar sector, I had previously emphasized the importance of safeguarding against overwhelming market dominance by foreign players.

The current scenario aligns with my earlier predictions, showcasing the urgency for fostering a self-reliant solar manufacturing ecosystem to capitalize on the sector's growth potential.

The prospects of job creation and export capabilities underscore the significance of strategic policies to support domestic solar production and enhance India's standing in the global renewable energy market.

TIME TO PROTECT THE ENTIRE ECONOMY

The idea to be conveyed to the readers is: "Hey, look at what I thought of/suggested about this topic, years ago. I had predicted this! I had offered a solution for this."

Reflecting on the relevance of advocating for safeguarding domestic industries against external pressures in the solar sector, the current article's emphasis on the need to develop indigenous solar manufacturing capabilities resonates profoundly.

It highlights the critical importance of proactive measures to boost local production, create employment opportunities, and establish India as a competitive global player in the solar industry.

Call to Action:

To policymakers, industry stakeholders, and investors mentioned in the article, I urge a collaborative effort towards fostering a robust domestic solar manufacturing ecosystem.

Implementing favorable policies, incentivizing local production, and ensuring a level playing field for Indian manufacturers are crucial steps to harness the full potential of the solar industry.

Let's work together to propel India towards self-sufficiency in solar manufacturing and seize the opportunities for economic growth and global leadership in renewable energy.

 

With regards,

Hemen Parekh 

www.My-Teacher.in