The tariff imposed by the US, which accounted for almost all of India’s solar PV module exports in 2024, is impacting export competitiveness of the domestic export-oriented and evolving manufacturing ecosystem.

In such a scenario, it has become important that Indian solar PV module manufacturers focus on long term export competitiveness with focus on developing high-efficiency technologies, strong ESG and innovation performance, and early alignment with emerging European regulatory and emissions requirements.

The International Renewable Energy Agency (IRENA) in its latest report notes that India is emerging as a major solar PV manufacturing and exporting hub, with domestic solar module manufacturing capacity growing from less than 5 gigawatts (GW) in 2018 to more than 68 GW in 2024.

How

See Full Page