India’s commerce ministry has suggested placing a 23–30% anti-dumping duty on solar cells imported from China for the next three years. This is to protect Indian manufacturers from being undercut by cheaper imported solar cells.
The Directorate General of Trade Remedies (DGTR) found that Chinese solar cells, whether sold separately or as part of panels, were being imported at very low prices, which was hurting Indian manufacturers.
If approved by the finance ministry, the duty will shield Indian solar manufacturers for three years, giving them room to compete as the country pushes ahead with its renewable energy goals.
Along with solar cells, the DGTR has also suggested imposing duties on a few other imports. These include virgin multi-layer paperboards from China and Chile, soda ash from Turkey, Russia, the USA, and Iran, and calcium carbonate filler masterbatch from Vietnam.
Anti-dumping duties are meant to create fair competition in the market by stopping foreign companies from selling goods at very low prices that hurt local industries.
This step is also part of India’s broader effort to strengthen its renewable energy sector while at the same time handling its large trade imbalance of nearly $100 billion with China.
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