L R AS Published on Sunday 14 March 2021 - n° 354 - Categories:trade war
India to impose 40% tariffs on PV panels within a year
India's finance ministry has approved the introduction of a 40% tariff on imported solar panels from April 2022
PV Magazine of 10 March 2021
Editor's note There is no alternative: when one wants to create a national industry while imports are omnipresent, there is only customs duties to allow local factories to present products that are less expensive than imported products. These customs barriers gradually strengthen the country's industry, which gradually becomes competitive in quality and price with imported products. India is acting wisely.