Mumbai: Considering that there would be a
huge demand for power in the country over the years, India
stands a good chance of becoming a leader in the manufacture
of low-cost nuclear power equipment, a noted expert said.
India`s scope to become a critical player in the low-cost
nuclear power equipment market is humongous, former Atomic
Energy Commission chairman Anil Kakodkar said while addressing
the annual session of `Visionary Leaders for Manufacturing
Program` conducted by CII.
"India`s domestic power requirement from nuclear energy
will be in the range of 30,000 to 35,000 MW in the coming
10-15 years. So, the industry provides a great opportunity
for low-cost manufacturers," he said.
India is capable of manufacturing the equipment, which
amounts to 35-40 per cent of the cost of nuclear power
generation, he said.
Once this capability is proven at home, the international
market would become yet another platform for Indian
manufacturers to prove their worth, Kakodkar added.