PV sales up 15% in October, to grow 1-4% in FY26: Icra
The PV industry had a successful festive season, with retail sales increasing by 15% in October. Icra predicts a 1-4% growth in wholesale volumes for FY26, thanks to GST cuts, new launches, and wedding season demand. October saw an 86% surge in sales, driven by GST reductions and pent-up demand.