Tiger Logistics, a global leader in supply chain solutions, is making waves in the renewable energy sector through its vertical, TiGreen. Within just a year of its launch in March 2024, TiGreen has witnessed exponential growth, with monthly volumes surging from 300 TEUs in November 2024 to 1,500 TEUs—a fivefold increase.
This growth is fueled by India’s booming solar energy market and its rising prominence as a global manufacturing and export hub. The demand for solar modules has skyrocketed, with imports from China now accounting for 97% of polysilicon and 80% of solar modules worldwide.
Harpreet Singh Malhotra, CMD of Tiger Logistics (India) Limited, stated, “India’s commitment torenewable energy and its potential as a solar manufacturing and export hub is truly promising. This growthpresents a significant opportunity for Tiger Logistics to bolster our presence in the sector. With TiGreen, weaim to further scale our operations and contribute to India’s sustainable future. We are committed toproviding efficient and reliable logistics solutions in the renewable energy space.”
With this momentum, TiGreen is on track to generate an additional ₹100-₹150 crores annually, setting its sights on reaching 3,500 TEUs per month within the next six months.
India’s solar photovoltaic (PV) exports have also soared 23-fold, hitting $2 billion between FY22 and FY24. As India positions itself as a key player in the China Plus One Strategy, alongside its ambitious target of 500 GW renewable energy capacity by 2030, the solar trade is set for unprecedented expansion.
