India seeks zero duties on solar products with US

economictimes.indiatimes.com

The India Solar Manufacturing Association (ISMA) is pushing for a zero-duty trade agreement for solar products between India and the United States. They made this request as part of ongoing trade talks between the two countries. In a letter to India's New and Renewable Energy Ministry, ISMA asked the government to include solar cells and modules in the proposed free trade agreement. They want to eliminate import duties on these items to help boost the solar manufacturing sector in India. ISMA also seeks zero-duty trade for other key solar components, such as polysilicon, ingots, and wafers. The association believes this will help India expand its manufacturing capabilities. Additionally, they are calling for duty-free imports of equipment used in solar panel manufacturing from the US. They also want incentives for US companies to establish manufacturing operations in India. ISMA stated that with the right trade conditions and strong policies, India could become a leader in solar manufacturing. They believe that this trade agreement with the US could significantly impact India’s clean energy future.


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