India's solar equipment manufacturing poised for healthy growth next 2-3 years entailing Rs 1 lakh crore capex: CareEdge

New Delhi [India], December 19 (ANI): India's solar equipment manufacturing capacity is poised for healthy growth over the next 2-3 years, entailing a capex of nearly Rs 1 lakh crore, asserted CareEdge Ratings.

Of that Capex, an estimated debt funding of nearly Rs 70,000 crore is expected over the medium term, including investments in polysilicon and wafer capacities, the rating agency said in a report Thursday.

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