According to the Economic Daily, Indian Prime Minister Modi said in a video today that India will build Asia’s largest solar power plant. India’s goal is to eliminate the import dependence of all equipment, including solar panels.

Because of the importance of India’s procurement on price, Chinese solar products account for 80% of the Indian market, so Modi’s above talk also shows that India will boycott China on solar-related products.

He emphasized that the central government of India is taking several measures to increase the production of solar cells and components in India, and has decided that government units and state-owned institutions will only produce solar cells and components in India.

Modi said that as part of the "Admanirbar Bharat" special economic plan and India's self-reliance movement, India's goal is to eliminate the import dependence of all equipment including solar panels.

India’s Minister of New and Renewable Energy RK Singh has stated that it will consider increasing tariffs on imported solar modules by 20% to 25% from August 1 and levying 40% next year; import solar cells will begin in August A 15% tariff is levied, and it is considered to increase it to 30% to 40% next year.

However, the current self-made rate of solar system components in India is less than 50%, and it still depends on imports. The cost of manufacturing solar-related components in India is also higher than that of China. Modi’s above-mentioned announcement will be a big challenge.