The United States has announced a preliminary anti-dumping duty of 123.04% on solar cells and modules imported from India, a decision that is expected to further restrict shipments to this key market. The National Solar Energy Federation of India (NSEFI) criticized the findings as fundamentally flawed and has initiated steps to contest them. The US Department of Commerce's notice indicated that certain Indian companies, including Mundra Solar Energy and Premier Energies, failed to provide necessary information during the investigation, leading to the imposition of these steep tariffs. This new duty adds to existing countervailing duties of over 125%, resulting in a combined tariff burden exceeding 200%, which has already rendered exports to the US largely unviable. Shares of Indian solar companies like Waaree Energies and Vikram Solar saw declines following the announcement. In response to these challenges, Indian exporters have been diversifying their markets towards Europe, West Asia, and other emerging regions.