A quote from the article about the India budget.--
The budget also underlines the relief that will be provided to solar manufacturers in India. The minister stated that to boost economic growth and the Make in India program, the government will launch a program to invite global companies through a transparent competitive bidding process to set up mega-manufacturing plants in advanced technology areas such as semi-conductor fabrication (FAB), solar photovoltaic cells, lithium storage batteries, solar electric charging infrastructure, computer servers, and laptops. The government plans to provide them investment-linked income tax exemptions under Section 35 AD of the Income Tax Act, among other indirect tax benefits.
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The fact that QMC is assisting the JV in building a QDSC Plant as a component of the Electronics Manufacturing Cluster in Assam is a competitive edge to get approvals and fundings in other India states. A solar-specific QDSC Plant alone would have advantages in costs and design.
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