Anti-dumping probe initiated on solar cell imports from China, Thailand and Vietnam
May 17, 2021
An anti-dumping duty will be applicable if the investigation shows that the imports from the three countries are priced below the normal value in their respective countries - PTI
An anti-dumping duty will be applicable if the investigation shows that the imports from the three countries are priced below the normal value in their respective countries - PTI×
The DGTR said it has accepted a petition by ISMA to probe if material injury is being caused to the domestic manufacturing industry
The Directorate General of Trade Remedies (DGTR) has initiated anti-dumping investigations on imports of solar cells and modules from China, Thailand and Vietnam.
Battery storage tech: Cabinet green lights ₹18,100-cr PLI scheme
May 12, 2021
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The plan is to achieve Advanced Chemistry Cell manufacturing capacity of 50GWh and niche ACC capacity of 5GWh
The Union Cabinet on Wednesday approved an ₹18,100-crore Production-Linked Incentive (PLI) scheme for battery storage. The National Programme on Advanced Chemistry Cell (ACC) Battery Storage aims to achieve ACC manufacturing capacity of 50GWh and niche ACC capacity of 5GWh.
“All the demand of the ACCs is currently being met through imports. The National Programme on Advanced Chemistry Cell (ACC) Battery Storage will reduce import dependence. It will also support the ‘Atmanirbhar Bharat’ initiative,” an official release said after the Cabinet meeting.
The Rs 4,500-crore Performance Linked Incentive (PLI) scheme for solar manufacturing has not met industry expectations since domestic manufacturers could end up getting barely 3-5 per cent of the sale value of their solar cells and modules through this scheme. With the government claiming record clean energy capacity of 450 GW by 2030, the scheme aims to support end-to-end indigenous solar power capacity in the country. “Industry calculations indicate that in terms of capital expenditure, PLI would be in the range of 15-25 per cent. The incentive on the capex will come after five years. The incentive on sale is variable as no one knows how much they will sell. For foreign investors, the incentive is further reduced due to customs duty,” said a senior executive of a leading solar company.
February 28, 2021
The scheme aims to promote domestic manufacturing via financial incentives on incremental turnover for 5 years - AFP
The scheme aims to promote domestic manufacturing via financial incentives on incremental turnover for 5 years - AFP×
The Textile Ministry is taking a re-look at the proposed parameters of the Production Linked Incentive (PLI) scheme for the sector as some in the industry has complained that the minimum turnover suggested for qualifying for the scheme is too high and would exclude many, sources have said.
“Industry players have approached the Textile Ministry and sought a lowering of the turnover threshold for the scheme as they say that even the smaller players should be eligible for the benefits. The Ministry has noted the concern and is deliberating if some changes could be made in the proposed parameters,” an industry source told
Apple, which has steadily raised production of iPhones in India to lessen its dependence on Chinese manufacturing, took part in the new PLI scheme via its contract manufacturers.