MNRE urges states to set up renewable energy equipment parks to meet demand

The ministry has also got in touch with trade commissioners and representatives of various countries and invited them to invest in this promising sector in India

At a time when numerous international firms are looking to move their production base out of China in the wake of the coronavirus (Covid-19) outbreak, the Ministry of New and Renewable Energy (MNRE) is seeing a fresh opportunity in setting up renewable energy (RE) equipment manufacturing parks to meet domestic demand as well as make India a global production hub.

As there are concerns of a slump in the supply of raw materials and goods from China owing to the Covid-19 crisis, which began from there, the situation in fact presents an opportunity for India to boost