Google-Exports as Marketing: Indian solar exports to developed countries serve as a strong marketing tool, showcasing manufacturing capabilities.
-Cost Reduction: Exporting after value addition helps hedge import costs and lowers production costs.
-Margin Improvement: Exporting improves margins for manufacturers amidst lower domestic demand, ensuring sustainability.
-Opportunities Expansion: Exposure to developed markets through exports prepares Indian firms for a larger share of the global market.
-Job Creation: Solar exports create manufacturing jobs and opportunities in EPC sectors, potentially creating over 75,000 jobs overseas for trained Indian workers.
Originally published on Saur Energy