The All India Solar Industries Association (AISIA) has said that India will lose nearly Rs 50,000 crore in foreign exchange if solar developers are given exemption from basic customs duty on Chinese imports AISIA Chairman Hitesh Doshi said that they are happy that the government is taking measures to promote domestic manufacturing. But at the same time, it will have to also address the challenges which the domestic manufacturers are facing currently due to lack of clarity on policy front and delay in implementation of duties, amongst others. Doshi also added that The government's decision on the "pass through" clause will adversely impact domestic manufacturers as they will have no orders for the next 2-3 years. Already the COVID crisis has affected the manufacturers and this will add to their woes. Doshi further noted that in the absence of the support from the government, not only will expansion capacities fail to take off, the existing domestic solar manufacturing industry will also come to a standstill and cease to exist with more and more companies becoming bankrupt.
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