According to developers who spoke to Mercom, unless India scales up its manufacturing capacity, cost of modules are not likely to come down.

The United Kingdom was the largest importer of Indian solar modules and cells, accounting for 36 percent of India’s total solar exports. According to Mercom’s Global Solar Forecast November 2016 Report, with budgetary cuts and no policy support, UK solar market is expected to decline. Italy accounts for 9 percent of exports, followed closely by China at over 8 percent.