India, 14 others ink joint ministerial statement to curb structural excess capacity

India has joined the US, EU, UK and 12 other economies in a joint statement to tackle structural excess capacity and production, despite facing a US trade probe over alleged overcapacity. The signatories will examine key sectors including EVs, batteries, chemicals, semiconductors and solar panels through dedicated sectoral platforms.

from News-Economic Times https://ift.tt/HaSYMQ2