In comparison to Europe and the US, to date India has played a small part in Chinese exports. In recent announcements, however, the Indian market could have been seen as an offset to dwindling European volume and, due to levies, the US market.

Today’s release has confirmed all the warnings, but solar investors should not walk away from those results with feeling of complete failure

The current crisis has exposed the country’s fragile power infrastructure, and there have been renewed calls for investing in the solar sector

the Indian market is too big to be ignored. According to recent estimates, the demand for solar in the country will stand at 12GW cumulatively by 2016. With or without the DCR, the country will continue to attract foreign investment in its solar sector

India with more than a billion in population, more than 50 percent have no access to electricity 

The Solar Industry in India is an assorted mix of private entrepreneurial success and government’s incentive environment

The minister has also clarified that, there are no general import restrictions and the Government has already made solar products import tax-free commodities.