Indian Solar Exports Grow 227% YoY in 2023, Imports up 89%

Solar imports surged 383% YoY in Q4 2023, while exports dropped by 5.8% YoY

February 26, 2024

/ Markets & Policy, Mercom Research Focus, Solar

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Indian solar exports rose 227% year-over-year (YoY) to $1.8 billion (~₹152.6 billion) in CY 2023 from $561 million (~₹46.4 billion), according to recent data published by the Department of Commerce.

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Anubhav Prakash

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Indian Solar Exports Grow 227% YoY in 2023, Imports up 89%

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