Imports of solar cells declined by 20% in 2024-25: Report

Several factors, including the expansion of domestic manufacturing capacity and the government's proactive measures, have over the past years contributed to a positive change in India's overall solar landscape.

- TDG NETWORK

India is making significant strides towards becoming self-reliant in solar cell and module manufacturing.

As per estimates from Rubix, an analytics services provider, imports of solar cells and modules declined by 20 per cent and 57 per cent respectively in the first eight months of 2024-25. Notably, Rubix noted that imports from China have decreased significantly, dropping from over 90 per cent to 56 per cent for solar cells and 65 per cent for modules in 2023-24.

Naming TP Solar (Tata Power's solar manufacturing arm), Reliance Industries, Waaree Energies, Vikram Solar, Gautam Solar, Adani Solar, and Rene, Rubix said all these companies are planning capacity expansions in the gigawatt range.