DhaSh PV Technologies has announced an investment of Rs 3.46 billion in a new solar photovoltaic (PV) manufacturing plant located in the Sira Industrial Area of Tumkur, Karnataka. According to the announcement, the facility will specialize in producing solar PV junction boxes, aiming for an annual capacity of 50 GW. Additionally, the plant plans to manufacture 1,000 km of solar cables and indigenous diodes on a daily basis.

A solar PV junction box, which houses all the electrical components within a solar panel, is considered crucial in its assembly.

Manjunath N Reddy, founder of DhaSh Group, stated that the facility will employ advanced technology to ensure the production of high-quality solar components meeting global standards. He expressed plans to localize these components by 2025, aiming for complete domestic production of junction boxes in India.

DhaSh's investment announcement aligns with a broader trend of companies investing in renewable energy manufacturing in India under the government's 'Make in India' initiative.