India to become world's second-largest solar module producer

India to become world's second-largest solar module producer by 2025

The report indicates that even as India plans to boost its module exports to the profitable US market, it grapples with high production costs due to a 25% basic customs duty on imported solar cells. There is speculation that to support the export ambitions, the Indian government might lower the duty on Chinese modules, which currently incur a 40% tax.

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