'Buy' Premier Energies Shares Maintains ICICI Securities Post Q2 Results On Strong Tailwinds

To fuel domestic manufacturing, India’s government has rolled out a power-packed policy mix—PLI incentives, non-tariff barriers such as approved list of models and manufacturers (compulsory local sourcing), and a protective 40% and 25% duty on imported modules and cells, respectively. Premier shall stand to benefit from the push for local.