Experts believe that tariffs stored by the US will stimulate Indian cell manufacturers, modules and wind turbines, etc. to focus on local markets. | Photo Credit: File Photos
The hike in the tariffs was “disguise” for the Indian renewable energy sector, as it can help reduce exports, induce the extent of growth in local markets, reduce production costs, and cause industrially competitive industry, Pinaki Bhattacharyy, co -chairman, renewable Energy Committee.
The Recent Tariff Increase by the US Government is a Blessing in Disguise for the Rete. IS NOT IN THE INTEREST OF THE COUNTRY, ”Mr. Bhattacharyya Remarked, While Speaking to the Hindu on the Sidelines of A Seminar On Renewable Energy Transition for Commercial and Industrial Consumers in the southern region, which takes place in Bengalur on Wednesday.
American tariffs will discourage these exports and encourage Indian cell manufacturers, modules and wind turbines, etc. to focus on local markets and bring scale, maturity and ability to compete around the world.
He said that under the new US tariff regime, the cost of landing these products in the US would be much higher, so exports to Indian manufacturers would be impossible.
At the same time, he said that energy generators in India did not receive cells and modules from other markets and were not allowed to import from China for some reactions.
“The government should take a balanced view of the stabilization of the market environment and growth. It should also introduce certain limitations of exports, not just imports,” commented Mr. Bhattacharyy, also founder, CEO and CEO, Energy Energy Transition, renewable transitional company.
According to the Bank official since 2023, Asia has caused $ 100 billion to invest in the renewable energy industry in the Asian -Pacific region.
In 2024 alone, the region captured $ 8 billion from the ADB and interesting India itself was up to $ 5 billion, indicating the boom in the Indian sector.
Published – August 13, 2025 23:33
