Operations are expected to become unviable for smaller entities, as India’s solar module manufacturing is likely to step into the dreaded “oversupply” zone, as the country targets to double its ...

The culmination of years of oversupply of Chinese modules caused module prices to fall, slashing manufacturers’ profits.

India’s PLI scheme for high-efficiency solar panels has led to 18.5 GW of PV module manufacturing capacity as of June 30, 2025. It has also added 9.7 GW of solar cell capacity and 2.2 GW of ...

The country imported 65.9 GW of solar modules and cells last year. (Reuters) India added 25.3 gigawatt (GW) of solar module capacity and 11.6 GW of solar cell capacity in the year 2024, according to a ...