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India recommends 25% safeguard duty on solar imports from China, Malaysia


  • Economy
  • Tuesday, 17 Jul 2018

“However, the exporters, especially from China, Malaysia and Taiwan, intend to annihilate the domestic industry in India,” it said.

“However, the exporters, especially from China, Malaysia and Taiwan, intend to annihilate the domestic industry in India,” it said.

KUALA LUMPUR: India’s Directorate General of Trade Remedies has recommended an imposition of 25% safeguard duty on solar cell imports from China, Malaysia for a one year period as the imports have threaten to cause serious injury to the domestic producers of the equipment.
 
The department said the recommendation was due to increased imports of solar cells, assembled in modules, and it is in the public interest to impose safeguard duty on imports.

Economy , Corporate News

   

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