NITI Aayog has proposed a policy that would require wind energy projects in India to source at least 60% of their components locally by value. This initiative is designed to strengthen the domestic manufacturing sector, reduce reliance on imports, and enhance overall energy security.
The proposal is part of a broader strategy to boost India’s renewable energy capacity and stimulate local industry growth. By mandating increased local sourcing, the government aims to create employment opportunities, drive economic development, and ensure sustainable energy practices.
This policy aligns with the “Make in India” campaign, which seeks to establish India as a global manufacturing hub. It emphasizes integrating local industries into the renewable energy supply chain, fostering advanced manufacturing capabilities, and promoting innovation and competitiveness among local producers. The policy is expected to help develop a more resilient and self-sufficient energy sector, capable of meeting the country’s growing power needs while supporting global climate change mitigation efforts.
