Global industrial-policy insight
Excess-capacity cooperation: five manufacturing sectors enter a new policy work programme
India is a signatory to the joint statement addressing structural excess capacity. The initial work covers autos and EVs, batteries, chemicals, foundational semiconductors and solar panels. Businesses should assess trade exposure and investment options without assuming new tariffs have already been imposed.
Industry, model and participation details
Trade, Customs & Strategic Supply ChainsManufacturing, MSME & Industrial PolicyDigital, Telecom & ElectronicsPower, Energy & RenewablesJoint ministerial commitment · sectoral work programme, not a new tariff instrument
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