If news reports are to be believed, the coming years may well lead to an all-out “trade war” between the East and West. Though the battle lines are drawn, the motivations, interests and intent of the potential “warriors” will seal the fate.
While the scope of the “warfare” is hard to predict, solar cells are likely to be at the heart of it.
Solar cells are facing numerous trade remedy measures across various jurisdictions. And India is no exception.
In India, the Directorate General of Anti-dumping & Allied Duties (DGAD) initiated the first investigation into alleged dumping of solar cells in India back in 2012. The said investigation was initiated based on a complaint filed by Solar Manufacturers Association, which alleged that manufacturers from China, Taiwan, Malaysia and the USA were dumping solar cells in India.
Upon investigation, the DGAD found that solar cells were subject to dumping in India from the subject countries. It also found that such dumping was causing injury to the domestic industry in India especially in view of India’s energy requirements and the disparity between the global manufacturing capacity for solar cells and that of Indian manufacturers. Consequently, in 2014, the DGAD recommended to the Government of India that anti-dumping duties be imposed on the import of solar cells from the subject countries.