Solar Rooftops and Pumps Present Growth Opportunities for MSMEs in India and Africa: ISA

New Delhi, Aug 25 (KNN) Ashish Khanna, Director General of the International Solar Alliance (ISA), highlighted significant prospects for Micro, Small, and Medium Enterprises (MSMEs) in India and Africa through solar rooftop installations and solar pumps.

Speaking at an event organised by the PHD Chamber of Commerce and Industry (PHDCCI), Khanna emphasised the transformative potential of these technologies for local businesses, reported ET.

In India, the adoption of solar pumps has seen a substantial increase, with approximately 2 million units installed. The government plans to expand this number to 5 million, aiming to reduce farmers' reliance on diesel and lower operational costs.

Each solar pump, costing around Rs 8 lakh (approximately USD 10,000), represents a significant business opportunity, especially in rural areas where such infrastructure can enhance agricultural productivity and economic stability.

Khanna also pointed to the vast potential in Africa, citing Ethiopia's need for 1 million solar pumps to achieve food security. With only 10% of its arable land under irrigation, Ethiopia faces challenges in meeting its agricultural demands.

Khanna noted that Africa imports approximately USD 400 billion worth of agricultural expertise annually, creating an urgent need for sustainable solutions like solar-powered irrigation systems.

India's progress in solar energy is noteworthy, with a cumulative capacity of 119.02 GW as of July 2025, including 19.88 GW from rooftop systems. The government's commitment to renewable energy is evident in initiatives such as the Rooftop Solar Programme and PM-KUSUM, which mandate the use of domestically manufactured solar panels and cells.

This focus on local production not only supports the renewable energy sector but also fosters economic growth and job creation.

The convergence of technological advancements, supportive policies, and market demand positions solar energy as a catalyst for MSME development in both India and Africa. By leveraging these opportunities, MSMEs can play a pivotal role in the global transition to sustainable energy.

(KNN Bureau)