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India eases HVDC localisation rules and targets 60 percent local components by 2035
Economy
Published on 2 May 2026
Domestic firms get a longer runway to scale
India’s Ministry of Power has updated its Make in India localisation rules for the power sector, outlining a phased approach for HVDC substations. The plan is designed to raise local content gradually, aiming for 60% Indian-made components by 2035. Officials say the shift creates a transition period to help domestic manufacturers expand capacity and compete in supply chains.
- Make in India localisation rules updated for HVDC substations
- Local content will rise in phases toward a 2035 goal
- Target is 60% Indian-made components by 2035
- Transition window aims to boost domestic industry capacity
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times