India’s solar panel imports set to remain higher in FY24
New Delhi: India’s solar panel imports are set to remain higher in financial year 2023-24 (FY24) as compared to FY23 owing to upcoming solar power capacities planned till FY26 and how the situation around ALMM evolves, according to industry experts.
During the initial six months of FY24, India saw a surge in solar module imports, reaching a substantial $1,136.28 million. This surpassed the total PV panel imports for the entire FY23, which amounted to $943.53 million, according to Eninrac Consulting.
