Investing in Solar Energy: A Promising Opportunity in India

In 2024, the Indian government is set to make a significant increase in its expenditure on rooftop solar initiatives. The budget for 2024-25 is expected to reach ₹4,555 crore, a significant jump from ₹2,167 crore in the previous financial year. This move is in line with the objectives of the Pradhan Mantri Suryodaya Yojana, which aims to accelerate the reach of the program and potentially power more households through rooftop solar installations.