Polycab India Targets Global Markets After Solar Business Growth in Domestic Market
By
Manish Kumar
Summary
Polycab India, after experiencing strong growth in its solar products business driven by India's renewable energy expansion and government incentives, is now targeting overseas markets for further expansion. The company's solar products business doubled during FY26, becoming the largest category in its FMEG portfolio. Polycab sees opportunities in global grid modernization and rising energy infrastructure investments, particularly in developed markets with ageing electricity infrastructure.
Source
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bskyPolycab India Targets Global Markets After Solar Business Growth in Domestic Marketsaurenergy.comKey quotes
· 3 pulledThe company reported that its solar products business doubled during FY26, emerging as the largest category within its Fast Moving Electrical Goods (FMEG) portfolio.
Management attributed the growth to rooftop solar adoption, government incentives and increasing consumer demand for renewable energy solutions.
Polycab sees significant opportunities emerging from ageing electricity infrastructure in developed markets, particularly as countries invest in grid upgrades.
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