‘India to become multi-billion USD PV manufacturing hub’

India is poised to become a multi-billion dollar manufacturing hub for photo voltaic value chain.

Mumbai: India is poised to become a
multi-billion dollar manufacturing hub for photo voltaic (PV)
value chain but the main challenge before the industries would
be to reduce costs associated with PV manufacturing and
installations, a top solar industry official said here.

"Currently, India is manufacturing solar modules/cells
and they are primarily being marketed to US and Europe. But
this equation is likely to change with the advent of
Jawaharlal Nehru National Solar Mission with the ambitious
objective of producing 20,000 MW by 2022 to make India a
global leader in solar energy," Sathya Prasad, President,
Semiconductor Equipment Materials International (SEMI),India
told in an interview.

"The key challenge to the solar/PV industry is to reduce
the costs associated with PV manufacturing and installations.
By improved process efficiency, automation, materials
improvement, enhancing lifetime energy yields from systems and
benefiting from economies of scale, overall cost can be
reduced," Prasad, who is also the Convener, SOLARCON INDIA
2010, an international meet to be held in Hyderabad, said.

"India can become a hot bed of manufacturing for photo
voltaic value chain both for domestic as well as global
market," Prasad, who heads the region of global industry
association serving the manufacturing supply chains for the
microelectronic, PV and display industries, said.

PTI

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