MARRAKECH: Finance minister Nirmala Sitharaman on Wednesday said that India is well positioned to “strengthen and diversify supply chains” for clean energy products, a market that is currently dominated by China, the largest producer and exporter of solar and wind power equipment.
At the launch of “Partnership for Resilient and Inclusive Supply-chain Enhancement (RISE)”, the FM said that India is in readiness to play a bigger role in the supply chains of clean energy products. The government has already announced PLI in some of these areas. The RISE partnership is an initiative of the World Bank and G7 under Japan’s Presidency for developed & developing countries, to build momentum for enhanced collaboration on diversification of supply chain for clean energy products & tackling climate change.
