Favouring imposition of anti-dumping duty on solar cells, the Commerce Ministry, on Wednesday, said it would boost manufacturing in the country and attract foreign investments in the sector.
This assumes significance as Transport Minister Nitin Gadkari, the Ministry of New and Renewable Energy and solar power producers are strongly opposing imposition of the duty.
“We believe that imposition of anti-dumping duty will clearly give a signal to the domestic industry to gear up its acts for the future demand make or seek investments in the sector.
“It also opens up opportunities of investments for foreign investors into the solar manufacturing sectors in the country and if we are talking of a long term development of solar manufacturing in this country then this could be a good way of doing it in a perfectly legitimate manner,” Commerce Secretary Rajeev Kher told reporters here.
He said that the process of investigation of the duty was statutory and quasi-judicial.