Viz-A-Viz with Pushpendra Singh, Managing Director, LEONI Cable Solutions (India) Pvt Ltd Updated On Mon, Aug 13th, 2018 by Saurenergy Q. Your operations are in 31 countries across the globe, what prompted you to start your manufacturing operations in India? LEONI has been present in India for some time now. The Indian Manufacturing for Industrial Products started in 2013, with Refinery Projects like Reliance being a loyal customer. Since 2014-15 onwards India has been one […] Read more
SEZ Solar Units seek Clarity on Safeguard Duty on Imports Updated On Thu, Aug 9th, 2018 by Saurenergy SEZ solar units require certain products for the manufacture of solar cells. These products are largely imported from the China. After the Finance Ministry notified 25 percent safeguard duty on imports from China and Malaysia, not one but many private agencies have sought clarity on the imposition. Among them, solar manufacturing units set up in […] Read more
Safeguard Duty: Manufacturers Back Govt Move; Raise Concerns on Clarity Updated On Wed, Aug 1st, 2018 by Saurenergy If SEZ units are not exempted from SGD, it will lead to further job losses and harm the manufacturing ecosystem in India, which is already bleeding: Gyanesh Chaudhary Despite solar manufacturers’ welcomed the government’s move on safeguard duty imposition on solar imports from China and Malaysia, they have raised their concerns as well and want […] Read more
India Imposes 25% Safeguard Duty on Solar Imports Updated On Tue, Jul 31st, 2018 by Saurenergy Finance ministry has imposed a safeguard duty of 25 percent on the imports from July 30, 2018 to July 29, 2019 and a gradually reduced rate of 20 percent from July 30, 2019 to January 29, 2020 and 15 percent from January 30, 2020 to July 29, 2020. Keeping in view the interests of the […] Read more
Indian Manufacturers to benefit from Rs 8000 Cr Solar Energy Scheme Updated On Mon, Jul 23rd, 2018 by Saurenergy If the Solar Energy Scheme gets required approvals and execution, it would mandate the Indian solar cell’s manufacturers to manufacture without the violation of WTO’s trade rules. A 12 Gigawatts Solar Energy Scheme to back the indigenous manufacturing of the solar energy components is underway. The scheme is proposed to be costing Rs 8000 crore. […] Read more
How Many Chinese Module Suppliers can Compete with JinkoSolar, Outside China? Updated On Tue, Jul 17th, 2018 by Saurenergy Since Chinese investments into major cell and module facilities started – more than 10 years ago – success ultimately has been driven by overseas market-share gains, above other technical or financial benchmarks that otherwise would be expected. However, despite the efforts of well over 50 Chinese cell/module makers (where the cut-off is including those with […] Read more
DGTR Recommends Safeguard Duty of 25% on Solar Panel Imports for First Year Updated On Tue, Jul 17th, 2018 by Saurenergy The Directorate General of Trade Restrictions (DGTR) has recommended imposing a safeguard duty on solar panels and modules imported from China and Malaysia for two years – 25% for the first year, 20% for the next six months and 15% in the last phase, citing injury to domestic industry. This follows seven months of intense […] Read more
Electric Vehicles Market in India – A Rocky Road Ahead! Updated On Tue, Jul 3rd, 2018 by Saurenergy In a bid to reiterate India’s commitment towards climate change during the UN Climate Change Conference (COP-21) in Paris, the union government has braced it’s arms to make a major shift from the petroleum product run vehicles to Electric Vehicles (EVs) by 2030. Though the government of India’s ambition of having more than 10 million […] Read more
Financing Indian Sun Updated On Mon, Jun 25th, 2018 by Saurenergy After out-passing teething troubles related to GST implementation, India firmly cements it’s place as the fastest growing major economy in the world by clocking GDP growth rate of 7.7 per cent during the January to March quarter of FY 18. India, being the Asia’s third-largest economy, clinched this position after surpassing China’s 6.8 per cent […] Read more
