India May Slam China with 70% Solar Panel Duty

[Marina Schwarz + 1,576]

India is trying to protect its local solar industry, or at least the Finance Ministry says so, with a proposal for a 70% duty on Chinese solar cells and modules. Is it me or is this way overprotectionist? 

[Stephen + 67]

brave move. Maybe irrational, some might think

[Petar + 76]

Solar becomes more and more viable as costs drop. While protecting domestic manufacturers is very important, it may be wiser to make them to reduce their costs in the long run Instead of protecting . The target should be to increase India’s  installed solar energy capacity.

[Meanwhile + 49]

The problem, though, is that India meets about 85 percent of its solar cell demand through imports from China. It is natural that India is trying to protect domestic manufacturers from China import. But I don't see any detail on this plan

[JohnAtronis + 78]

It is no brainer that only the local product creating local jobs will help justify and sustain the industry. Now, it is all about implementation of the idea