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Solex CMD: Tweaking Solar Supply Chains to Evade US Tariffs Not a Sustainable Strategy.                                                                                                                            

Chetan Shah, Chairman and Managing Director of Solex Energy, has cautioned that restructuring solar supply chains to bypass US tariffs is an unsustainable strategy that compromises cost efficiency. Speaking to ANI, Shah emphasised India’s inherent advantages in scale, cost, and ecosystem strength, making it a natural global solar manufacturing hub. “Setting up units outside India to bypass tariffs may work temporarily, but cost efficiency remains a challenge,” he said, noting India’s module capacity jump from 6 GW in 2019 to 120 GW post-ALMM implementation. Solex Energy recently signed an MoU with ISC Konstanz, Germany, for advanced R&D and technology collaboration in solar cell manufacturing. Shah described US tariffs as temporary and highlighted India’s growing opportunity amid shifting global trade dynamics. With 119.02 GW installed solar capacity and over 1,08,000 GWh generation in 2025, India now ranks as the world’s third-largest solar power producer, driving toward its 500 GW 2030 clean energy goal.