US stance on India's domestic solar manufacturers 'unfortunate': Piyush Goyal

Power Minister Piyush Goyal has called out on the US for being unfair to India in solar energy trade. 

He was commenting on the victory of the US against India in the World Trade Organisation pushing for its own domestic solar energy players. 

Goyal says that it was ""very unfortunate that the US on one side continues to have their own Domestic Content Requirement and purchase of solar equipment giving preference to domestic manufacturers and on the other hand, chooses to go against the developing world." He was speaking to NDTV in New York on the sidelines of the Paris Agreement on climate change signing ceremony.

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"(It is) very unfortunate that they took this route," he said, the report says.

India has now filed an appeal against the WTO's decision in favour of the US, and is waiting for the final decision on the matter. 

However, in continuance of strong support for the Indian domestic players, Goyal said that the government will be formulating a new policy to encourage manufacturing in the solar sector in India, the NDTV report said.

"We are fully committed to India becoming a leading solar equipment manufacturer in the near future", he said.