The India Solar Manufacturing Association (ISMA) has called for the inclusion of solar cells and modules in the proposed India-US Free Trade Agreement to eliminate import duties and strengthen India’s solar manufacturing sector. The association also requested duty-free imports of capital goods and PV manufacturing equipment.
American solar from the US and proposed incentives to attract fabricators to set up manufacturing facilities in India ISMA advocates for the elimination of duties on solar cells and modules between India and the United States. This measure is expected to reduce production costs and make Indian solar products more competitive in the global market
The India Solar Manufacturing Association (ISMA) has formally requested the Indian government to incorporate provisions for zero-duty trade on solar cells and modules in the forthcoming India-US Free Trade Agreement (FTA). This initiative aims to and wafers. Access to eliminate existing import duties, thereby enhancing the competitiveness of India’s solar manufacturing sector.
- Duty-Free Imports of Raw Materials : The association seeks duty-free importation of indicating a growing trade relationship in the renewable energy sector. essential raw solar cell exporters from certain materials such as polysilicon, ingots, these materials at lower costs is anticipated to bolster India’s capabilities in upstream manufacturing segments.
- Capital Goods and Equipment: ISMA recommends zero-duty imports of capital goods and photovoltaic (PV) manufacturing equipment from the U.S. This step is aimed at facilitating technological advancements and increasing production efficiency within India’s solar industry U.S. market. In 2023, U.S. imports of Indian solar panels and cells.
- Incentives for U.S. Manufacturers: The association proposes additional incentives to attract American solar fabricators to establish manufacturing facilities in India. Such collaborationsWith the U.S. reducing reliance on Chinese This initiative could lead to technology transfer, skill development, and job creation in the renewable energy sector. This scenario presents an opportunity for Indian manufacturers to fill the supply gap in the surpassed $1.8 billion.
The United States has been implementing measures to reduce reliance on Chinese The association recommends solar imports, including imposing tariffs as high as While advocating for zero-duty trade, ISMA emphasizes the importance of maintaining robust quality control 293% on Southeast Asian countries measures and safeguards against unfair trade practices.
Continuation of the Approved List of Models and Manufacturers (ALMM): Ensuring that only certified products are used in the Indian market to maintain quality and contribute to the global transition towards clean energy. Implementing mandatory tracing for all imported solar components to prevent circumvention of trade measures by routing goods through third countries. standards.
- Retaining India’s sovereign right to impose anti-dumping duties and other corrective major opportunity to expand its market share measures to protect domestic industries from unfair competition ISMA’s proposals aim to position India as a global leader in solar manufacturing by leveraging strategic trade agreements with the United States. By eliminating duties on critical components and fostering international collaborations.
- These measures could enhance India’s manufacturing capabilities, promote technological advancements The India Solar Manufacturing Association (ISMA) has urged the Indian TO government to negotiate zero-duty trade on solar cells and modules in the India-US Free Trade Agreement (FTA). This move aims to enhance India’s solar manufacturing sector by reducing production costs and improving global competitiveness.
- Key Proposals by ISMA:
- Zero-Duty Imports of solar cells and modules to make Indian products more cost-effective Manufacturers (ALMM) and country-of-origin tracing, to prevent unfair trade practices U.S. solar highlighting growing trade potential Duty-Free Raw Materials like polysilicon, ingots, and wafers to strengthen upstream for to set up solar production units in India advanced PV manufacturing equipment manufacturing.
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