Energetica India Magazine: september 2020

encouraging signs of innovations by the domestic manufacturers. The ‘Make in India’ initiative in this segment has shown incredible progress with global investors now entering the Indian cable market through technical collaboration with Indian cable manufacturers for production of EHV cables. With these investments and technological tie-ups, the industry is now looking forward to supply cables for solar and wind power applications not just in India, but also at a global level. As the ‘Make in India’ initiative aims at developing India as a global manufac- turing hub by encouraging both multi- national as well as domestic compa- nies to manufacture their products for domestic as well as global market, it is therefore important to identify critical segments and sectors where manufac- turing can be fully indigenized. As a pol- icy, understanding the critical manufac- turing value chain has to be fully taken into consideration from the raw material stage. There a crucial segments where manufacturers are dependent on im- ports of critical raw material. Therefore a complete assessment of the produc- tion value chain becomes important to understanding where we as a nation can achieve complete self-sufficiency. At the same time, it is also important to make great advances technologically so that import substitutions of high-end equipments are manufactured domesti- cally at par with international standards. POWER SECTOR 43 energetica INDIA- September_2020