US firm First Solar announces $684mn India investment
US company First Solar has formally announced an investment of $684 million in Tamil Nadu for a solar photovoltaic (PV) thin film module manufacturing facility that will support 1,000 jobs, with 60% of them women.
The announcement came at the fourth annual meeting of the Indo-Pacific Business Forum (IPBF), a US initiative which was co-hosted for the first time in South Asia. Held virtually this time, the forum advances US vision for an open, interconnected, resilient, and secure Indo-Pacific region.
It is the premier annual US government-sponsored commercial diplomacy event for the region, which was attended by more than 2,300 business and government leaders, the state department said.
