After the election, since June 5, 2019, the United States will terminate the GSP exports to India. ( Supplement: GSP refers to the solar cell and components imported from India zero tariff. )
under the new system, the components of India's exports the United States will impose a 30% tariff, and decreasing at the rate of 5% every year, until the fourth year of tariffs to 15%.
Indian export markets in Europe have been in September 2018, the European Union to China cancelled MIP ( The lowest price limits) Has been damaged, after the tax offset component manufacturers in India than in China and Malaysia manufacturers such as arbitrage, as a result, India is expected to component manufacturers in battle with the international rivals may lose part of market share.
for some export-oriented enterprises influence may be obvious, but the total export volume is not large & ndash; — Annual exports of about 1. $200 million, about 600 mw components, accounts for about 25% of India's total output of the component can, about 6% of the total domestic demand.
from India's exports in statistical terms, exports accounted for about half the number of the United States. Because the United States, a move that expects India components exports to the United States, about 150 mw ~ 200 mw will be lost.
Bridge to India thinks, although it can cause a certain in the short term for India's manufacturers, but long-term effect is expected to minimal. The government of India to enacted a number of initiatives to encourage solar energy projects using domestic production of components, including 12 gwpus plan, 25 gw solar irrigation schemes, and 4 gw photovoltaic roof plan, etc. Even modest progress in the above project can fill a gap in component in the United States exports greatly.