Author: PPD Team Date: 09/12/2024
India’s Ministry of Finance has imposed an anti-dumping duty on solar glass imports from China and Vietnam to protect the domestic solar glass industry from unfair pricing.
The duty on Chinese imports ranges from $673 to $677 per metric tonne, while imports from Vietnam face a duty of $565 per metric tonne.
The duty applies to textured toughened glass used in solar PV panels and thermal products with a minimum transmission of 90.5% and a thickness not exceeding 4.2 mm.
The anti-dumping duty, effective from December 4, 2024, will last for six months.
It follows an investigation by the Directorate General of Trade Remedies (DGTR), initiated by Borosil Renewables Limited, which claimed that dumped imports were undercutting domestic prices.
The investigation found that imports from China and Vietnam accounted for 98% of India’s total solar glass imports, with Chinese imports rising sharply.
The DGTR concluded that these imports, which were comparable to domestic products, were harming the local industry.
Domestic manufacturers, including Borosil Renewables, are capable of meeting approximately 84% of India’s solar glass demand.