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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
A stiff duty on import of solar equipment, effective since April 2022, has triggered a supply crunch in India’s sunshine sector.
On the face of it, it looks like good news. In the current financial year, which ends on 31 March, Indian companies have emerged as the top suppliers of solar panels in the country. Chinese firms, which have dominated supplies for a decade or more, have fallen behind. The goal of “atmanirbhar Bharat”, or self-reliant India, appears to have been achieved, at least in this aspect.
In reality, this isn’t great news—neither for Indian suppliers nor for India’s self-sufficiency goals.
The rise of the Indian firms isn’t explained by a rise per se—their supplied quantities have not surpassed those of …
