Import Duties vs. Make in India: Impact on Solar Panel Costs in India | Shyvon Power

Understand how India’s import duties and the Make in India initiative are shaping solar panel prices, manufacturing, and installation costs. Shyvon Power explains what it means for solar energy users and investors.

India’s Solar Boom — At a Turning Point

India’s renewable energy sector is expanding at a faster rate than ever. With over 70 GW of solar capacity already installed, the nation aims to reach 280 GW by 2030. But one critical question shapes the path forward: Should India rely on imported solar modules or boost domestic manufacturing under “ Make in India ”?

Both choices have a direct impact on solar project costs, quality, and accessibility — from residential rooftops to massive utility-scale solar farms.

At Shyvon Power, we believe that understanding this balance is key to creating affordable, efficient, and sustainable solar energy solutions for India.

The Role of Import Duties in Solar Energy

What Are Import Duties?

Import duties are taxes imposed on solar panels, cells, and related equipment imported from other countries — mainly China, Vietnam, and Malaysia.

The Indian government has introduced these to encourage domestic manufacturing and reduce dependency on imports.

Current Import Duties (as of 2025):

• 40% Basic Customs Duty (BCD) on imported solar modules

• 25% BCD on imported solar cells

The Impact on Solar Project Costs

These duties have increased the cost of imported panels by 30–40%, directly affecting:

• Rooftop solar installation costs for homes and businesses

• Utility-scale project budgets

• PPA (Power Purchase Agreement) tariffs

However, they also serve a long-term purpose: promoting local solar manufacturing and job creation under the “Make in India” movement.

Make in India — A Push for Solar Independence

The Make in India initiative aims to build a self-reliant solar manufacturing ecosystem — from solar cells to modules and inverters.

🔆 Key Benefits of Make in India Solar Panels

✅ Lower dependency on imports

✅ Reduced logistics and shipping costs

✅ Government incentives for manufacturers

✅ Better quality control and after-sales support

✅ Job creation and economic growth

Shyvon Power proudly supports Made-in-India solar solutions, offering high-efficiency solar panels that meet BIS and MNRE standards, built for Indian weather conditions.

⚖️ Import Duties vs. Make in India: A Cost Comparison

Aspect	Imported Panels	Made-in-India Panels
Initial Cost	Higher (due to import duty)	Moderate to Low
Quality & Efficiency	High, but varies by brand	Improving rapidly
Availability	Limited by the global supply chain	Easily available
Maintenance Support	Often limited	Strong local support
Government Subsidy	Less eligible	Fully eligible
Long-term ROI	Moderate	High

While imported panels may offer marginally higher efficiency, locally made panels provide better long-term cost benefits and policy advantages.

💡 Opportunities for India’s Solar Industry

India’s focus on domestic solar production has opened new opportunities:

• Expansion of solar cell manufacturing plants in Gujarat, Tamil Nadu, and Telangana

• Development of integrated solar parks using Indian modules

• Growth of R&D in Perovskite and HJT technologies

• Boost in exports of Indian-made solar panels

Shyvon Power is contributing to this shift by manufacturing high-efficiency, affordable solar panels that align with India’s renewable energy goals.

Challenges to Overcome

While the Make in India initiative is promising, challenges remain:

• Limited raw material supply (silicon wafers still mostly imported)

• Technology gap compared to global giants

• Higher initial setup costs for new factories

However, with government support through PLI schemes, solar park initiatives, and R&D incentives, these gaps are closing fast.

Shyvon Power’s Vision for India’s Solar Future

At Shyvon Power, we combine manufacturing expertise with end-to-end solar solutions — from residential rooftop systems to large-scale solar projects.

Our goals align with the nation’s vision:

• Empower homes and industries with Made-in-India solar panels

• Reduce project costs without compromising efficiency

• Support India’s journey toward energy independence and sustainability

Your Roof. Your Power. Your Savings.

🌱 Final Thoughts

The balance between import duties and Make in India defines the future of India’s solar economy. While import costs may rise, domestic production ensures stability, innovation, and long-term savings.

At Shyvon Power, we’re proud to be part of this transformation — building a cleaner, more self-reliant, and affordable solar-powered India.

👉 Contact Shyvon Power today to explore Made-in-India solar solutions that fit your home, business, or industrial energy goals.