India’s US$100bil solar push draws foreign firms

Solar power: A file picture showing Indian workers giving the finishing touches to solar panels at the Gujarat solar park at Charanka village of Patan district, some 250km from Ahmedabad, India. – AFP

Local players unable to compete on technology and pricing

NEW DELHI: India’s US$100 billion push into solar energy over the next decade will be driven by foreign players as uncompetitive local manufacturers fall by the wayside, no longer protected by government restrictions on the sector.