2 ms·
So what you're saying is that without a local content requirement India is incapable of making competitive solar cells. I don't believe that's true. I think t
by JackFr 11y ago
So what you're saying is that without a local content requirement India is incapable of making competitive solar cells. I don't believe that's true. I think the local content requirement was simply a gift to politically well connected Indian firms. The Indian people should be thanking the WTO in this case, that rather than serving the interests of the crony capitalists, the interests of the people are being served.
Few countries have been damaged as much by protectionism as has India, and fewer have had such great gains by its gradual elimination.