India has launched an anti dumping investigation into PV glass imports from China and Vietnam

Mondo Finance Updated on 2024-02-26

According to foreign media reports, India's ** General Relief Directorate (DGTR) recently said that it will launch an anti-dumping investigation on imported textured tempered coated photovoltaic glass and uncoated photovoltaic glass originating in or exported from China and Vietnam.

The investigation stems from an application filed by Borosil Renewables, which claimed that its domestic production of photovoltaic glass was similar to its imported counterparts. The company believes that these imported photovoltaic glasses are similar to their products in terms of physical and chemical properties, manufacturing process, function, pricing, distribution and tariff classification.

Borosil Renewables also said that the photovoltaic glass produced by the company could replace imported photovoltaic glass in terms of technology and commerce.

The company initially proposed to set July 1, 2022 to June 30, 2023 as the investigation period, while the Directorate General of Relief in India (DGTR) set the investigation period to be January 1, 2023 to December 31, 2023. Borosil Renewables provided data for the survey period and the previous three years: April 1, 2020 to March 31, 2021, April 1, 2021 to March 31, 2022, April 1, 2022 to March 31, 2023.

India's Ministry of Finance has imposed anti-dumping duties on PV glass imports from China for a period of five years, effective August 18, 2017. In May 2022, India's Directorate General for Relief (DGTR) recommended extending anti-dumping duties on textured tempered photovoltaic glass imported from China for another two years.

Borosil Renewables also submitted preliminary evidence of the damage caused to the Indian PV industry by the influx of imported PV glass. The amount of PV glass imported from China and Vietnam, both in absolute and relative terms, has increased significantly, and India's domestic PV capacity utilization has declined as a result. In addition, the pressure caused by these imports has prevented the Indian PV industry from upgrading to cover costs and make reasonable profits.

According to the comparison of photovoltaic glass** and factory**, it shows that photovoltaic glass from China and Vietnam has been dumped into the Indian market. An investigation by the Directorate General of Relief (DGTR) in India found an adverse impact on the profitability of the domestic industry in India, resulting in negative cash profits, pre-tax income and return on capital during the damage investigation period.

In addition, rising levels of PV glass inventories in India further supported claims that imports from China and Vietnam were hurting the industry.

Based on Borosil Renewables' application and prima facie evidence provided, the Directorate General of Relief (DGTR) has initiated an anti-dumping investigation.

Textured tempered coated photovoltaic glass is used as a component for photovoltaic modules and photovoltaic thermal applications. This product is also known as photovoltaic glass, low-iron photovoltaic glass, high-transmission photovoltaic glass, tempered low-iron embossed photovoltaic glass, etc.

In addition to Borosil Renewables, M Gobind Glass and Industries is another Indian PV glass producer involved in the manufacture of the above products. However, following the receipt of the application, the Directorate General of Relief (DGTR) in India received letters of support from four other domestic producers (Triveni Glass, Vishakha Renewables, Emerge Glass and Gold Plus Glass) who have recently started producing products such as photovoltaic glass. Despite these new entrants, Borosil Renewables remains a major producer of PV glass in India.

Recently, India's Directorate General for Relief (DGTR) recommended a five-year extension of the anti-dumping duty on imported vinyl acetate backing paper originating in or exported from China.

* |mercomindia compilation |Xinrui.

Special statement: The other content of Sobi Photovoltaic Network is for the purpose of conveying more information and not for profit, and does not mean that it agrees with its views or confirms its description, and the content is for reference only. The copyright belongs to the original author, if there is any infringement, please contact us to delete.

Related Pages