29-January-2026
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Budget
 
Budget likely to back upstream solar manufacturing with Rs 5,000–6,000 crore support
29-Jan-2026

The Union Budget may provide Rs 5,000–6,000 crore in incentive support for domestic manufacturing of solar ingots and wafers, as the government looks to strengthen India’s upstream solar supply chain, officials familiar with the discussions said. The proposed outlay is being examined as part of a possible incentive or PLI-linked framework aimed at reducing import dependence in critical components and improving supply-chain resilience in the renewable energy sector.

News Source:- https://www.financialexpress.com/business/news/budget-likely-to-back-upstream-solar-manufacturing-with-rs-50006000-crore-support/4122372/