Anti dumping duty may be announced soon – Ultimately threatens to negatively impact the industry
BRIDGE TO INDIA attended the 6th Renewable Energy India Expo in New Delhi from November 7th-November 9th 2012. While the general air of excitement regarding the Indian solar market was lacking as compared to 2011, there was some cause of excitement for the Indian manufacturing industry. Chinese module companies were astir with the rumor of anti dumping duties being announced in the week starting November 12th 2012. Further, the anti dumping duty became the talk to of the ‘solar’ town when Solar PV TV and PV Magazine in collaboration with BRIDGE TO INDIA, decided to interview some industry members on how they felt, these duties would impact the market.
- According to speculation in the industry, anti dumping duties may be anywhere between 20% – 30%
- Manufacturers rooting for anti dumping duties, but developers fear rising cost of modules. With rising costs, solar will fight to be competitive in India, says Hareon Solar
- BRIDGE TO INDIA feels that ultimately anti-dumping duties will have a negative impact on the market by disallowing Indian manufacturers to be price competitive in the global industry
The interviews were published as part of Solar PV TV’s Weekly News Update. Consultant Jasmeet Khurana was one of the interviewees in the coverage. You can view the video below.