India’s top solar exporter adapts to trade tensions as the US imposes steep import duties
Waaree Energies Ltd., India’s largest solar panel manufacturer, is restructuring its global supply chain to counter the impact of 50% US import tariffs and sustain its strong export momentum. The American market accounts for nearly 60% of Waaree’s total orders, making it crucial to the company’s international growth strategy.
CEO Amit Paithankar confirmed that Waaree is now sourcing solar cells from countries with lower export duties to the United States, effectively bypassing direct tariff exposure. The restructuring follows Washington’s anti-dumping investigation into solar module imports from India, Indonesia, and Laos, triggered after President Donald Trump’s August tariff announcement.
Despite rising trade tensions between New Delhi and Washington, Waaree remains committed to expanding its US footprint, the world’s second-largest solar market, while simultaneously executing domestic projects totaling 692 MW in new module supply orders.
The company’s adaptive supply chain strategy highlights India’s increasing resilience and flexibility amid shifting global solar trade policies and evolving renewable energy economics.
