New Delhi, April 15: India’s rooftop solar energy capacity is projected to surge from 17 GW to an estimated 25–30 GW between FY25 and FY27, a report showed on Tuesday.

The expansion is driven by India’s broader energy transition goals, with solar power emerging as a central pillar in the country’s clean energy roadmap.

With a total renewable capacity of 220 GW as of FY25 and a national target of 300 GW solar capacity by 2030, rooftop solar, particularly in the commercial and industrial (C&I) segment, is expected to play a pivotal role in this growth, according to the report by CareEdge Ratings.

As of FY25, India’s rooftop solar capacity stood at 17.02 GW, and increasing awareness among businesses about reducing operating costs and meeting sustainability targets is fuelling adoption.

Government incentives, reducing technology costs, and policy support such as net metering and PLI schemes are expected to further accelerate deployment.

Overall, the FY27 projection underscores a transformative phase for India’s solar industry, setting the foundation for sustained expansion through the end of the decade.

“Rooftop solar installations in India have gained momentum. With the growing C&I demand backed by an improving policy ecosystem, we expect the market to reach nearly 25-30 GW over the next two years,” said Tanvi Shah, Director at CareEdge Advisory and Research.

The PM Surya Ghar Muft Bijli Yojana, aimed at installing rooftop solar in 1 crore households with subsidies up to Rs 78,000, is expected to provide strong support to residential adoption. The scheme not only supports low and middle-income households by reducing their electricity bills but also aims to create nearly 17 lakh jobs, boosting the solar value chain.

Recently, rooftop solar initiative has achieved a historic milestone with 10 lakh installations as of March 10, 2025.

Gujarat remains a leader due to its progressive “Surya Gujarat” programme, while Maharashtra has seen strong commercial and industrial demand, especially from MSMEs and urban commercial hubs.

“The rooftop solar segment which currently holds around 20 per cent share of India’s solar mix is gaining importance due to its distributed nature and direct consumer engagement. This is despite utility-scale solar being the dominant contributor,” said the report.

The growth of rooftop solar market in India has witnessed accelerated growth in the recent years. With strong policy backing, falling costs, and growing consumer interest, it is set to emerge as a key pillar in India’s renewable energy transition, said the report.

New Delhi, April 10: As India’s tech industry continues to grow at a rapid pace, more and more women are stepping into high-demand roles and making a strong impact, a new report said on Thursday.

Women are increasingly taking up key positions in technology and business, especially in areas that offer high salaries and strong career growth.

“From fresh graduates to experienced professionals, women are climbing the ladder in fields like data science, product management, cloud engineering, cybersecurity, and project management,” according to the report by TeamLease Digital.

These roles are not just offering good salaries but are also helping women build strong careers in the digital economy.

The report highlights that product management is one of the most attractive roles for women. While freshers can earn up to Rs 22.1 lakh per annum, senior product leaders with over eight years of experience can draw salaries as high as Rs 1.6 crore per annum.

Similarly, data scientists with a few years of experience can earn up to Rs 18 lakh, and senior professionals in this field can go on to make Rs 1.5 crore annually.

Cloud engineering is another area where demand is growing. Entry-level cloud engineers can earn up to Rs 14 lakh, while experienced cloud architects can make up to Rs 1 crore.

In project management office (PMO) roles, women are increasingly getting hired to handle complex projects.

Freshers can earn up to Rs 15 lakh per year, and senior professionals in the PMO field can go up to Rs 80 lakh per annum.

Cybersecurity is also becoming a preferred choice for women, especially as companies invest more in digital safety.

Entry-level roles can offer Rs 12 lakh per year, and those with more than eight years of experience can earn up to Rs 90 lakh annually.

These roles are not only well-paying but also give women the chance to take leadership positions and shape the future of digital businesses.

According to the report, women are making a visible shift in the tech industry and are contributing strongly to innovation and strategic growth.

Seoul, April 10 : South Korean stocks were trading sharply higher on Thursday as the US administration’s temporary pause of reciprocal tariffs on South Korea improved market sentiment. The Korean won was trading sharply higher against the US dollar.

The benchmark Korea Composite Stock Price Index (KOSPI) had rallied 126.94 points, or 5.53 percent, to 2,420.64 as of 11:20 a.m., sharply rebounding from the 17-month low the previous day, reports Yonhap news agency.

With the steep gain, the bourse operator issued a sidecar order at 9:06 a.m., halting program purchasing for five minutes, after the KOSPI 200 futures soared 5 percent for more than one minute.

Overnight, Wall Street posted one of the best days since the global financial crisis in 2008, with the S&P 500 surging 9.5 percent, the Dow Jones Industrial Average soaring 7.87 percent and the tech-heavy Nasdaq composite skyrocketing 12.16 percent.

The rally came after U.S. President Donald Trump lowered new tariffs on South Korea and other trading partners to 10 percent in what he calls a pause that will last for 90 days.

He said the decision was made considering they have reached out to U.S. trade officials for negotiations and have not retaliated against the reciprocal tariffs.

Meanwhile, Trump increased duties on China to 125 percent following Beijing’s announcement of a plan to raise tariffs on U.S. goods to 84 percent in a retaliatory move.

In Seoul, market bellwether Samsung Electronics rose 5.09 percent, while its chipmaking rival SK hynix shot up 11.21 percent.

Leading battery maker LG Energy Solution soared 8.12 percent, and top automaker Hyundai Motor advanced 6.91 percent.

Major shipbuilders HD Hyundai Heavy and Hanwha Ocean escalated 9.71 percent and 6.27 percent, respectively.

Top container shipper HMM increased 6.95 percent, and major defense firm Hanwha Aerospace climbed 5.93 percent.

Financial shares also sharply gained ground, with KB Financial jumping 6.21 percent and Shinhan Financial rising 5.05 percent.

The local currency was trading at 1,456.6 won against the greenback at 11:20 a.m., up 27.5 won from the previous session.