Archive · 21 Aug 2025
India-China Ties Could Boost Solar Supply Chains, Says Vikram Solar
India's relationship with China could help the solar panel industry.
Better ties mean easier access to the materials needed to make solar panels.
The head of Vikram Solar, a major solar panel maker, says that even with improved relations, government rules will protect Indian companies from cheap imports from China.
These rules include taxes on imported panels and incentives for local production.
India used to rely almost entirely on China for solar parts, but now it's down to about 80%.
Vikram Solar also has a presence in the US and is waiting to see how new tariffs will affect their business there.
Improved India-China relations could strengthen solar supply chains.
Vikram Solar believes better ties with China will aid access to raw materials.
Government policies like customs duties and PLI scheme protect domestic manufacturers.
India's dependence on China for solar components has decreased to about 80%.
Vikram Solar is awaiting clarity on US tariff changes.
- Who
- Gyanesh Chaudhary, CMD of Vikram Solar
- What
- Improvement in India-China ties will aid solar supply chain.
- When
- Not explicitly stated.
- Where
- Kolkata
- Why
- To strengthen solar supply chains and improve access to raw materials for Indian manufacturers.
- Company
- Vikram Solar
- Official
- Gyanesh Chaudhary
- Current Reliance
- 80% on China for solar components
- Policy to protect manufacturers
- Customs duties, PLI scheme, ALMM guidelines