![ALMM is back; Centre pushes domestic solar production](https://images.assettype.com/fortuneindia%2F2023-05%2F6d46fa64-5bd6-4544-83b2-d36e7ad7f1e4%2FSolar.jpg?rect=0,98,2588,1294&w=300&q=95)
ALMM is back; Centre pushes domestic solar production
This will boost domestic solar equipment manufacturing and India's pursuit to achieve self-sufficiency in the sector.
This will boost domestic solar equipment manufacturing and India's pursuit to achieve self-sufficiency in the sector.
Implementation had slowed in FY22 and FY23 due to the Covid-19 pandemic-related disruptions and challenges stemming from the efforts to protect the Great Indian Bustard bird.
Imports of solar cells and modules stood at ₹21,850 crore in 2022.
China has invested over $50 billion in new PV supply capacity – ten times more than Europe − and created more than 3,00,000 manufacturing jobs across the solar PV value chain since 2011.