India’s solar module exports hit $1.1 billion in April-October period

India’s solar module exports surpassed $1.1 billion in value in the April-October period of the current 2023-24 fiscal year.

Image: Adani Solar

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From pv magazine India

India exported $1.1 billion of solar panels in the April-October period this year.

The United States remains the top destination for India’s PV panel exports.

During the April-October period of fiscal 2023-24, India's solar cell exports surged to $34.3 million, marking a 2,963% increase compared to the $1.12 million recorded in the full 12 months of fiscal 2022-23. The key destinations were the United States ($17.7 million), Thailand ($8.56 million), and Indonesia ($7.85 million).

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