India’s Plan to Ease Solar Import Curbs Is Rattling Local Makers
- Policy risks slowing expansion of domestic industry: analyst
- Nation imposed limits on foreign producers of solar equipment
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India’s plan to lift a key trade barrier on solar modules will deliver a blow to the nation’s ambition of quickly expanding local production, according to domestic manufacturers.
Officials are considering a relaxation of rules for the next two years that restrict imports from China and other foreign producers, because local plants can’t keep up with rising demand.