IRELAND: Research and Markets has announced the addition of the "Potential Of Green Energy Generation Equipment Market In India (2013-2017)" report to its offering.
The Indian market is quite diversified, as it produces both high- and low-end technology products. The boiler, turbine and generator segment forms the major portion of the equipment manufacturing industry.
The country has also made significant progress in photovoltaic cell production, due to government initiatives like the Jawaharlal Nehru National Solar Mission (JNNSM), which has set a target of 20 GW of installed capacity by 2022.
Foreign players have evinced an interest in not only supplying to the Indian market, but have also started to consider India as an emerging manufacturing hub' due to government support, cheap labor and easy availability of raw materials.