NEW DELHI, Dec 8:
India imported solar and photovoltaic cells worth about USD 826 million from China in the first six months of the current fiscal, which is over 87 per cent of the country’s total such imports.
India’s total imports of these cells were worth USD 948.88 million, including USD 825.98 million from China, constituting 87.05 per cent, during the April-September period of 2016-17, New & Renewable Energy Minister Piyush Goyal stated in a written reply to Lok Sabha today. India had imported USD 2,344.56 million worth of cells last fiscal, out of which USD 1,960.26 million was from China constituting 83.61 per cent of the total.
In 2014-15, the proportion of solar and photovoltaic cells imports from China was 73.49 per cent of the total imports at USD 603.34 million. India imported solar cells and photovoltaic cells worth USD 820.95 million in that fiscal.
Goyal informed the house that India does not have enough manufacturing capacity currently for cells and modules to cover its full demand. He further said that the development of solar power in the country is taking place with indigenous as well as imported solar equipment and components. In order to make National Solar Mission (NSM) a success, he said, the government has launched several schemes and is providing benefits to indigenous manufacturers including concessional excise and custom duties. (PTI)
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