Markets & Policy

India’s solar cell and module exports grow 157% in eight months

Following a dip in the last fiscal year, the value of cell exports saw a massive surge to an estimated INR13.3 billion from April to November. Exports to the U.S. tripled during the eight-month period as shipments to Turkey and Belgium rebounded to become the next two biggest export markets.
Uma Gupta
By
Uma Gupta
Indian solar exports are on the rise in the current fiscal year. | Image: Orb Energy

India’s exports of solar cells, whether or not assembled into modules, jumped 157% to INR13.3 billion ($187 million) in the first eight months of this fiscal year.

Exports for the whole of 2018-19 stood at INR8.47 billion and in 2017-18, INR9.13 billion, according to the Ministry of Commerce.

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