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India to challenge US overcapacity probe on May 8 across steel petrochemicals and solar modules
Business
Published on 6 May 2026
US claims excess capacity in key sectors—India says surpluses explain it
India will testify before the US Trade Representative on May 8, pushing back against US allegations of excess manufacturing capacity. Trade officials and industry representatives will address claims tied to petrochemicals, steel, and solar modules. India argues that trade surpluses are driven by broader macroeconomic factors, not unfair overcapacity. The hearing forms part of a wider US review of trade practices.
- India will present its case at USTR on May 8
- US overcapacity allegations target petrochemicals steel and solar modules
- India denies wrongdoing, citing macroeconomic reasons for surpluses
- Hearing is part of a broader US probe into trade practices
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times