SOLAR MANUFACTURERS: MAPPING THE ROAD AHEAD TO THE NEEDS OF INDIAN CUSTOMERS

INDIA IS CURRENTLY THE THIRD LARGEST ENERGY CONSUMER IN THE WORLD, AND ITS ENERGY DEMAND IS PROJECTED TO GROW SIGNIFICANTLY OVER THE NEXT TWO DECADES.

- GAUTAM MOHANKA

THE PANDEMIC HAS LED TO DIFFERENT growth growth drivers like the health sector, exports, the highest-ever foreign exchange reserves, etc. However, renewable energy, like solar energy, can be one of the key players in leading India towards reaching its ambitious goal of hitting a five trillion economy. The recent power crisis across the country mostly due to the disruption in the supply of coal has further highlighted the need for a renewed focus on solar energy. Multiple analyses have indicated that the power shortage in the country could have easily been dodged with a robust solar infrastructure. India is currently the sixth largest economy and is projected to become the third largest economy by 2030. In India's pursuit to attain its ambitious goals, one of the key areas to focus on will be sustainable and environment-friendly growth by adopting a greener perspective. Researchers suggest that the steady growth of any economy will be possible only through the expansion of innovation and technological development for a cleane