The Indian solar photovoltaic industry: a life cycle analysis

This paper applies the product life cycle framework to analyze the impact of global trends on the Indian photovoltaic industry. The author believes that consolidation in the Indian industry simultaneous with exploiting its comparative advantage of flexible and low cost production techniques would help it stand on its own feet beyond the protectionist subsidy era. Service provision and financing are likely to represent significant revenue opportunities while dwindling margins on module manufacture would expedite formation of vertically integrated energy service delivery chains.