Solar Panel Exports Surge to USD 932 Million

1 Minute Read Listen to Article
Share:    

Dec 09, 2025 19:09

x
India''s solar panel exports jumped 30.7% to USD 932 million during April-October. US is the top destination. New markets emerge.
Solar Panel Exports Surge to USD 932 Million
Photograph: ANI Photo
New Delhi, Dec 9 (PTI) The country's exports of photovoltaic modules or solar panels rose by 30.7 per cent to USD 932 million during April-October period this fiscal year, according to the commerce ministry data.

It was USD 712.8 million in the same period of 2024-25.

The data showed that the US accounted for the lion's share in the total export increase, with shipments rising from USD 688 million to USD 907.2 million during the period.


An official said that while volumes remain modest, several new destinations are helping market diversification.

These destinations include the UAE, Kenya, Iran, Libya, Tanzania, Hungary, Afghanistan, and Canada.

Exports to the UAE during the seven-month period increased from just USD 0.2 million to USD 2.4 million.

Similarly, shipments to Kenya rose from negligible to USD 1.5 million, reflecting rising solar adoption in East Africa.
Share:    

TODAY'S MOST TRADED COMPANIES

  • Company Name
  • Price
  • Volume

See More >

Moneywiz Live!

Home

Market News

Latest News

International Markets

Economy

Industries

Mutual Fund News

IPO News

Search News

My Portfolio

My Watchlist

Gainers

Losers

Sectors

Indices

Forex

Mutual Funds

Feedback