Rising Chinese Solar Cell Prices Impact Indian Manufacturers

The increasing cost of solar cells from China is causing concern among Indian solar module manufacturers. Bloomberg posted on X, highlighting that the price surge is affecting the competitiveness of Indian companies in the solar energy sector. Indian manufacturers are facing challenges as they rely heavily on imports from China for solar cell components. This dependency is leading to increased production costs, which could impact the overall growth of the solar industry in India. The situation underscores the need for India to enhance its domestic production capabilities to reduce reliance on foreign imports and stabilize the market.