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Interview: Government Should Strike the Right Balance When it Comes to Safeguard Duty

In an exclusive interview, the heads of Jakson Group said that a 70 percent safeguard duty is too high and it would disrupt the entire country’s solar sector

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The domestic solar sector is in need of help, but the recommendation to impose a 70 percent safeguard duty, in all likelihood, is going to roil the sector, according to Sameer Gupta and Sundeep Gupta of domestic green energy company Jakson Group. The brothers also highlighted the need for the government to carefully consider the magnitude of the duties that will be imposed and encouraged it to find a threshold that would facilitate the creation of a more efficient and expansive domestic solar sector.

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