India’s Solar Exports Decline 16% YoY in 2024, Imports Down 10%

U.S. accounted for 97.5% of exports in 2024

March 27, 2025

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Indian solar module and cell exports decreased 16% year-over-year (YoY) to $1.5 billion (~₹129.4 billion) in 2024 from $1.8 billion (~₹152 billion), according to recent data published by the Department of Commerce.

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India’s Solar Exports Decline 16% YoY in 2024, Imports Down 10%

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