Fresh US duties on Chinese solar import to trigger India's ascent as global supplier
While India will be a major beneficiary in the solar equipment-making sector, India is unlikely to gain much from the other sanctioned sectors
solar equipment
May 2024
February 2023
December 2022
June 2022
Solar equipment imports drop 25%; exports up 3x in indigenisation push
Imports of solar cells and modules stood at ₹21,850 crore in 2022.
PLI-II booster to power India's solar equipment self-reliance
India has a solar equipment manufacturing capacity of 24 gigawatt of modules and 6.4 GW of PV capacity and around 15-20 GW is under construction.
India adds 3GW solar capacity in Q1 2022; installed capacity now 52 GW
Solar capacity additions in the country were affected in the last two years due to the Covid-19 stalemate and recovery was seen only in the last 2-3 quarters.
