Vikram Solar Targets Market Share Growth Amid Surging AI, Green Energy Demand

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Vikram Solar Eyes Market Share Surge Amid AI, Green Energy Boom

Vikram Solar Eyes Market Share Surge Amid AI, Green Energy Boom

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CNBC TV18•25-02-2026, 15:00

Vikram Solar Eyes Market Share Surge Amid AI, Green Energy Boom

•Vikram Solar aims to expand its market share in India, driven by increasing demand for green energy, especially from AI and data centers.
•Chairman Gyanesh Chaudhary states AI will not operate without renewables, presenting a huge opportunity for India.
•The company currently holds 10-12% market share and expects steady growth over the next two financial years.
•Vikram Solar has "absolutely nil" exposure to the new 126% US tariff on Indian solar products, as it applies to cells, not panels.
•Shifting focus from exports to the domestic market, and exploring Europe and APAC, due to changing global trade dynamics.

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