New Delhi, Feb. 8 -- A significant number of winners in India's Production Linked Incentive (PLI) scheme have listed Chinese supply chain partners and service providers, according to a report by business standard.
This revelation raises questions about the country's dependency on Chinese vendors in key sectors, particularly in the renewable energy industry.
Leaders in the renewable energy sector, including Reliance New Energy Solar, Tata Power, ReNew Solar, Avaada Electro, and Waaree Energies, have prominently featured Chinese vendors as major suppliers in their PLI projects.
For instance, Reliance New Energy Solar listed all its 20 foreign vendors from China, while Waaree Energies, one of India's oldest solar equipment manufacturers,...