Borosil Renewables, a leading solar glass manufacturer in India, has called on the government to impose an anti-dumping duty on Chinese solar glass imports to safeguard domestic producers.
Shreevar Kheruka, Vice Chairman of Borosil Renewables, alleged that Chinese companies are exporting solar glass to India at prices significantly below their production costs, harming Indian manufacturers. These glasses are crucial for solar panel production, which is vital for India’s renewable energy growth.
Kheruka stated that Chinese solar glass prices in India are even lower than the combined costs of raw materials, power, and fuel. He further claimed that the Chinese government provides subsidies ranging from 35% to 55% of the product’s cost, giving Chinese manufacturers an unfair advantage.
Borosil Renewables, part of the Rs 30 billion Borosil Group, emphasizes the need for fair competition rather than undue government support. Kheruka highlighted that Borosil’s production processes are competitive, utilizing advanced technology and automation. However, without intervention, Kheruka warned that the Indian solar glass industry could collapse due to the subsidies and advantages enjoyed by Chinese companies.
He reiterated that Indian companies, despite offering high-quality products made with the best available technology, cannot compete against heavily subsidized Chinese products without a level playing field.