Holtec International has expressed interest in the Indian nuclear market following the SHANTI Bill which allows private sector involvement and up to 49% FDI in nuclear joint ventures — a landmark regulatory reform. Holtec's SMR-300 design is well-suited for India's grid scale and industrial heat needs. India aims to tenfold its nuclear capacity to 100 GW by 2047. Holtec already has a strong presence in India through its nuclear services and decommissioning businesses.