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India’s Solar Imports Up 32% in Q4 2025, Exports Down 70% QoQ

Modules comprised 98.9% of exports, and cells 1.1%

March 9, 2026

/ Staff
/ Mercom Research Focus, Solar
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India imported solar cells and modules worth over $1.12 billion (~₹100.2 billion) in the fourth quarter (Q4) of 2025, a 53.2% year-over-year (YoY) increase from $723.4 million (~₹61.1 billion), according to data from the Department of Commerce.

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Staff

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