India can break China’s net zero stranglehold, says green energy boss

Core Viewpoint - The article emphasizes the need for India to develop its own domestic supply chain in clean energy sectors, particularly in areas currently dominated by China, to achieve energy independence and meet net-zero targets [1][2]. Group 1: India's Clean Energy Supply Chain - The Indian government aims to establish a domestic supply chain for wind turbines and solar panels, utilizing tariffs and buy-local rules to limit Chinese competition [2][3]. - Sumant Sinha predicts that within a decade, India will have a complete domestic supply chain covering polysilicon, wafers, cells, and panels, where China currently holds over 70% of the global market share [3]. Group 2: Competitive Landscape - India's output in clean energy is expected to be less price-competitive compared to China's due to Chinese subsidies, scale, and research advantages [4]. - Sinha suggests that paying 15% to 20% more to reduce dependency on China is a worthwhile investment for India [4]. Group 3: International Collaboration and Challenges - Discussions are ongoing with companies in the European Union about establishing a supply chain with India, but EU companies prefer sourcing supplies within the bloc, which may be more expensive [6]. - The lack of clarity on future protections makes it difficult for companies to set up manufacturing in Europe, leading them to consider importing from India as a viable alternative [7].