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:

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