Mercom Insider

Solar MSMEs are Not Benefiting from Safeguard Duty and Domestic Content Rules

Solar MSMEs are not finding government policies inclusive enough to boost growth

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Over the past year and a half, the government has launched several policy measures to support the domestic solar manufacturing industry — these range from the imposition of a safeguard duty to solar programs that mandate procurement of locally sourced products. However, many companies in the solar Micro, Small, and Medium Enterprises (MSMEs) segment have expressed to Mercom that these policies have created more hurdles rather than simplifying issues. These are companies that operate as manufacturers of solar modules, ancillary products, system integrators, and raw material suppliers in the solar photovoltaic (PV) space.

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