Data from the Commerce Ministry show a 30.7% rise in India’s solar module exports between April and October 2025, with values increasing by $219.2 million—from
$712.8 million to $932 million. The ministry said the surge reflects India’s growing role in global solar supply chains amid rising international demand for non-Chinese, diversified sourcing options.
The data indicate that the US market alone accounted for almost the entire increase in exports, with shipments rising 31.83% (up $219.2 million) from $688 million in the first half of the previous financial year to $907.2 million in the first half of the current year.
The Commerce Ministry highlighted the following trends in emerging secondary markets for India’s solar PV module exports in the first half of the current financial year:
New re-export or project-led demand to the UAE, rising from $0.2 million to $2.4 million
Growth from negligible levels to $1.5 million in Kenya, reflecting rising solar adoption in East Africa
Small but positive demand indicating early-stage penetration in Iran, Libya, Tanzania, Hungary, Afghanistan, and Canada
Bangladesh remains a steady regional market—despite a marginal dip from $19.8 million to $18.2 million—and continues to be the second-largest buyer
Praising the rise in exports to several Least Developed Countries (LDCs), Pragya Gupta, Resource Mobilization Specialist at the International Solar Alliance (ISA), said a platform is being created for startups engaged in technology transfer. Citing examples of startups gaining access to markets such as Bangladesh, Nepal, Papua New Guinea, and Cambodia—aimed at further reducing the cost of solar innovations—she noted that nearly 50% of these startups are led or co-founded by women under ISA’s SolarX APAC chapter, which works with startups in South Asia and Small Island Developing States (SIDS).
