The green tech tug-of-war between China and West: Lessons for India

News Snapshot:

The transition to green technology offers a lucrative opportunity for the private sector in India, emphasising the strategic importance of investing in research and development Green energy has emerged as a significant battleground in international trade, particularly with China’s overcapacity in producing green energy products like solar panels, electric vehicles (EVs), and batteries. This situation has raised concerns in the EU and the West about the potential dumping of these products, leading to market distortions and unfair competition. The scepticism toward China’s aggressive export strategy has prompted protective measures, such as EU investigations into Chinese EV overcapacity, signalling a broader...