Barriers of the Indian Market for Renewable Energies

The enormous drive and steady economic growth make India one of the largest future markets for German companies. Besides China, India is the most populous country in the world and about ten times larger than Germany. Even in times of crisis, India showed a constant growth rate. A key requirement for a stable economic and social development is sustainable energy supply. The Indian government is committed to renewable energy resources as they deliver a contribution for climate and environmental protection - besides economic and social evolution. To set up capacities of renewable energy, India depends on the support of foreign companies. This offers great market opportunities for German enterprises as they are appreciated as worldwide technology leaders.