Photo voltaic module exports from India are on the rise, benefiting from the China Plus One technique that has opened up alternatives for main Indian gamers, and trade specialists hope this development will proceed to be a part of the coverage of most producers.
Formulated in 2013, it’s a world enterprise technique by which firms keep away from investing solely in China and diversify their companies into various locations.
Within the first half of FY24, the worth of photo voltaic cells and modules exported from India stood at Rs 8,307 crore, a multi-fold progress from Rs 1,453 crore in the identical interval final 12 months, in keeping with information from score company Icra.
First printed: November 19, 2023 | 5:36 pm he
(Tags for translation)India’s exports