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India to raise customs duty on solar inverters

India’s new union budget has attempted to boost domestic manufacturing by raising import duties on finished products including PV inverters and solar lanterns.

Imported solar-project components and structures will also get more costly but the price of the raw materials they are made from, such as coated steel for mounting structures, will get a helping hand, with a eight-month suspension of anti-dumping duties.

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Source: pv magazine