Executive Summary i
Under what conditions can countries impose safeguard duties to protect their domestic industries?
- 2.1 The WTO regime on safeguard duties
- 2.2 The Indian regime on safeguard duties
- The road to the imposition of safeguard duties on solar cell and module 7imports in India
- How have countries used trade barriers to protect their domestic PV 11manufacturing industries?
- 4.1 United States of America
- 4.2 European Union
- 4.3 Canada
5. What plagues Indian solar PV manufacturing? 19
- 5.1 Inferior terms of debt capital
- 5.2 Higher electricity prices
- 5.3 Lower scale of operations
- 5.4 Lack of vertical integration
- 5.5 The changing technological landscape
- 5.6 Demand uncertainty
- 5.7 Ineffectiveness of existing schemes for promoting manufacturing
6. To what extent does the safeguard duty give protection to the Indian solar 29PV manufacturing story?
- 6.1 A considerable portion of Indian PV manufacturing capacity does not benefit
- 6.2 Fall in module prices and longer commissioning timelines limit the
effectiveness of safeguard duties
7. Can the safeguard duty fulfil the said and unsaid policy objectives? 33
- 7.1 The duty does not address the causes of the competitive disadvantage associated with Indian PV manufacturing
- 7.2 Safeguard duty hinders further declines in tariffs
- 7.3 Negative impact on potential employment generation in solar energy sector
- 7.4 Effect on investors’ confidence
- What lies ahead?