Yet to Gain Momentum
With a target to provide round-the-clock electricity across the country by 2019, Prime Minister Narendra Modi and his Power Minister Piyush Goyal have put power on top of the agenda for the country.
Industrial rooftop happening, residential plans will follow suit
Residential rooftop solar installations are slowly gaining prominence in India. Being a competitive alternative to mainstream electricity, it is expected to become quite successful over the next few years. The industrial sector has already started going for rooftop solar and the residential sector would follow suit.
A strategic need for India
According to estimates, India´s trade deficit stands at $140 billion. Whereas considering only energy imports, around $ 170 billion is a significant contributor to the deficit.
You need a strong manufacturing base
If Europe and the US have resorted to anti-dumping duties to protect local industries, why can´t India, asks Bhupesh Trivedi, President Marketing, Waaree Energies Ltd.
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