ANNOUNCEMENTS
In September 2014, the Make in India initiative have been started by the Prime Minister Narendra Modi for promoting and encouraging the manufacturing industries of India to produce their products in India only (MAKE IN INDIA: THE VISION, NEW PROCESSES, SECTORS, INFRASTRUCTURE AND MINDSET, 2017).
If we look in the past 2 to 3 years there have been several petitions filed by the Indian solar manufacturing companies for EVA Sheet, Textured Toughened Tempered Glass, Solar cells and modules and also requested the Indian Government to impose several duties such as anti dumping duty (ADD) and safeguard duty (SGD) on the imports of the respective products. The Authority imposed ADD on EVA Sheet which is imported in large quantity from China, Malaysia, Saudi Arabia and Thailand, tempered glass from China and Malaysia and SGD on solar cells and modules from China and Malaysia.
This thesis evaluates the expected and actual welfare implications on solar manufacturing industry, solar developers and consumers in the India solar market after the introduction of ADD and SGD in India. With the help of techno economic analysis where the comparison of price trends before and after the duty imposition has been calculated and evaluated in order to have a better understanding of the effects of various duties on the respective products, it is found that the introduction of the ADD and SGD by authority has a statistically insignificant effect on the solar manufacturing industries and the production of solar electricity in the Indian market till now. Through the continued efforts made in the domestic solar manufacturing industries, it is found that Indian consumers are inelastic to changes in the price of solar energy.
In the later part of the project, it has been discussed that how domestic manufacturers can seek opportunities in the residential, commercial and industrial sector of Gujarat and also enable them to make the most out of the favouring solar policies that Gujarat is offering presently such as I-smart scheme, saurya urja scheme and solar policy for MSME which can be turn as a boon for the domestic manufacturers to flourish and make their presence in the solar manufacturing industry in future. Therefore, concluded with the remarks on the various duties which have been imposed on the solar components and suggesting ideas in which domestic manufacturers can mark their presence in the Indian solar market.
