We’ll edge out Chinese gear in 3-5 years: Gautam Adani
NEW DELHI: Chinese solar equipment imports, which have a 90% share in the Indian market, will plummet to negligible levels in 3-5 years, leading industrialist Gautam Adani told ET after his company won a major tender to set up 8 GW of manufacturing-linked solar energy projects with an investment of Rs 45,000 crore.
Adani said his group is talking to potential equity and strategic partners for solar equipment manufacturing, where technology is rapidly changing. He said the group has a track record of being the only Indian business house with a series of 50:50 ventures with international players such as Total and Wilmar.
