Sustainable framework for Global Solar EXIM as a Stimulus to Supply Value Chain in India

The world’s unquestionable dependence on the Chinese solar manufacturing industry has been constant over two decades and particularly intense since the nation’s supremacy was confirmed before the onset of the 2008 global financial crisis. Despite years of trade wars, anti-dumping measures and retaliations, the Chinese PV industry is at its apogee while European manufacturers (actually the ROW) struggle. India, South Korea, Taiwan and Japan have seen their module and cell makers surrender ever more ground to the Chinese giants in recent years. The disruption caused by Covid-19 on Chinese manufacturing prompted arguably the first jolt on the global solar supply chain, with the resulting shortage of PV components compounding virus containment measures around the world to disrupt the industry. In this paper, we discuss how this complex situation can be mitigated through EXIM exercises and efforts on securing the Solar Supply Chain highlights demand opportunities and key issues for the solar manufacturing supply chain to provide policy recommendations to enable creation of a strong supply chain for solar energy in India.