India slashes solar imports from China as domestic manufacturing thrives
New Delhi, Sep 14 (PTI) In a departure from global trends, India has recorded a substantial 76 per cent drop in solar module imports from China during the first half of 2023 which reflects New Delhi’s resolute shift towards self-sufficiency in solar manufacturing, a new report said on Thursday.
Year-on-year, India’s solar module imports from China plummeted from 9.8 GW in the first half of 2022 to a mere 2.3 GW during the corresponding period in 2023, the report by global energy think tank Ember said.
This strategic shift, coupled with the imposition of tariffs, underscores India’s determination to minimise dependency on imports and prioritise the development of its domestic manufacturing capacity.
KV Network
