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10 Apr 2024
Recently, the government has imposed import restrictions to increase local sourcing of solar modules to support India’s renewables manufacturing ecosystem.
Import Restrictions
It is a government imposed regulation to control imports. Types of import restrictions include:
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Solar Power in IndiaIndia has an estimated solar power potential of 748.99 GW, indicating that the full potential of solar energy is yet to be harnessed.
India’s Target for Future
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India has taken three significant steps to address its over-dependence on solar imports over the past five years.
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