India exported solar cells and modules worth over $344.5 million (~₹30 billion) in the third quarter (Q3) of 2025, a 65.2% year-over-year (YoY) increase from $208.5 million (~₹17.46 billion), according to data from the Department of Commerce. In a quarter-over-quarter (QoQ) comparison, module and cell exports declined by 37.2% from over $548 billion (~₹47 billion). Modules comprised 97.8% of total shipments, and cells accounted for the remaining 2.2%. Exports of solar cells surged 83.5% QoQ and 14.4% compared to the same quarter the previous year.