China taking the wind out of Indias sails (Editorial)

  • 19/02/2008

  • Business Line

India clearly had a head-start over China in the wind energy sector. But given the pace at which things are moving in the two countries, it is just a matter of time before China overtakes India in the total installed capacity and net annual additions. N. Ramakrishnan Advertisement Comparisons, though inevitable, are odious. Especially if India and China are the players involved. It is quite common to hear Indian companies ruefully talk about the advantage that their counterparts in China enjoy, because of which Chinese manufacturers are able to plan capacities that are enormous and aggressively price their products and compete on a global level. This advantage that China enjoys is not confined to manufacturing alone. Take the wind power industry, where India clearly had a head-start, but China is slowly but surely catching up. Given the pace at which things are moving in the two countries, it is just a matter of time before China overtakes India in the total installed capacity and net annual additions. For this, India has no one to blame but itself. The wind power industry in the two countries is quite similar