India is strategically positioning itself as a clean energy manufacturing hub, aiming to reduce reliance on China and capitalize on global supply chain diversification. Driven by domestic demand and government incentives, India is expanding its solar and EV battery production
China, the world’s clean-energy juggernaut, faces a rival next door. And one of its top customers, no less. India, a big buyer of Chinese solar panels and electric vehicle batteries, is using a raft of government incentives to make more green gear at home. It is driven not just by the need to satisfy the galloping energy demands of its 1.4 billion people, but also to cash in on other countries that want to China-proof their energy supply chains, not least the United States.