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Indian Solar Manufacturers Expressed Gratitude to Hon’ble FM for the implementation of 40% BCD – EQ Mag Pro

Indian Solar Manufacturers Expressed Gratitude to Hon’ble FM for the implementation of 40% BCD – EQ Mag Pro

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President of North India Module Manufacturers Association Manish Gupta, Arpit Agarwal, Vineet Mittal, President of All India Solar Industries Association Ashwini Sehgal, delegation of Indian Solar Manufacturers Association and MP RamcharanBohra (Jaipur) met NirmalaSitharaman, Union Finance Minister in Delhi on Wednesday.

The representatives of all the associations expressed their gratitude to the Hon’ble Finance Minister for the implementation of 40% Basic Custom Duty on the import of solar panels and 25% Basic Custom Duty on solar cells by the Ministry of Finance, from 1st April 2022. The delegation assured the Hon’ble FM that very soon the manufacturers would expand their current capacity and India would become self-sufficient in the sector and would also start exporting to other countries. This meeting took place in the office of the Finance Minister in Parliament House.

Anand Gupta Editor - EQ Int'l Media Network