Since 2020, India’s solar module market has experienced rapid development. After obtaining BIS certification in 2021, Harvest began expanding into the Indian market. Driven by India’s surging domestic demand for solar panels, lucrative profits from exporting solar panels to the United States, and the Indian government’s protective policies for local solar panel manufacturers, an increasing number of investors have established solar panel and solar cell manufacturing facilities in India.
Coinciding with overcapacity and technological upgrades in China’s photovoltaic industry, many investors turned to procure highly cost-effective second-hand production line equipment from China to accelerate investment recovery. Leveraging its extensive production experience in the photovoltaic sector and deep familiarity with China’s industry landscape, Harvest assisted Indian partners in selecting optimal equipment suppliers. Meanwhile, Harvest collaborated with Indian partners to provide comprehensive Southeast Asian regional supply chain services, enabling Indian clients to achieve one-stop procurement of solar panel manufacturing materials with maximized cost efficiency.