Indian Solar Manufacturers Association has said the imposition of Anti-Dumping Duty on imported equipment, mainly fromChina and Taiwan, will attract global investment in the solar gear manufacturing market in the country.
“With the imposition of Anti-Dumping Duty, we will attract immediate FDI in solar manufacturing and we estimate the domestic manufacturing capacity to increase to 4-5 GW (4,000-5,000 MW). This will create an indigenous solar supply chain that will be very competitive and vital for India,” Hulas Rahul Gupta, senior member, Indian Solar Manufacturers Association (ISMA) told PTI.
He said instead of employment generation, 20,000 Indian skilled workers have suffered loss of employment due to dumping.
Dumping has caused a massive structural supply overhang of cells and modules since 2011, to the detriment of Indian industry, ISMA said in a letter to the Power and Coal Minister Piyush Goyal.
The damage has been caused due to massive investments in manufacturing capacities in China and Taiwan as 80 per cent of the production is concentrated in these two countries. Due to the supply overhang, the Chinese and Taiwanese manufacturers have dumped their products in the international markets at prices below the cost of operations, ISMA said.
“With the imposition of Anti-Dumping Duty, we will attract immediate FDI in solar manufacturing and we estimate the domestic manufacturing capacity to increase to 4-5 GW (4,000-5,000 MW). This will create an indigenous solar supply chain that will be very competitive and vital for India,” Hulas Rahul Gupta, senior member, Indian Solar Manufacturers Association (ISMA) told PTI.
He said instead of employment generation, 20,000 Indian skilled workers have suffered loss of employment due to dumping.
Dumping has caused a massive structural supply overhang of cells and modules since 2011, to the detriment of Indian industry, ISMA said in a letter to the Power and Coal Minister Piyush Goyal.
The damage has been caused due to massive investments in manufacturing capacities in China and Taiwan as 80 per cent of the production is concentrated in these two countries. Due to the supply overhang, the Chinese and Taiwanese manufacturers have dumped their products in the international markets at prices below the cost of operations, ISMA said.
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