+
India's Robust Growth in Solar Manufacturing Capacity
POWER & RENEWABLE ENERGY

India's Robust Growth in Solar Manufacturing Capacity

India experienced significant growth in its solar manufacturing sector in 2023, adding 20.8 gigawatts (GW) of solar module manufacturing capacity and 3.2 GW of cell manufacturing capacity, according to a recent report. This surge underscores India's commitment to bolstering its domestic solar manufacturing capabilities and supporting the country's renewable energy ambitions.

The substantial increase in solar module and cell manufacturing capacities reflects India's efforts to reduce its reliance on imports and promote indigenous manufacturing in the renewable energy sector. The country's focus on expanding its manufacturing base is aligned with its goal of achieving energy security and fostering economic growth through the renewable energy industry.

The addition of 20.8 GW of solar module manufacturing capacity and 3.2 GW of cell manufacturing capacity in 2023 highlights India's growing stature as a key player in the global solar manufacturing landscape. The country's favourable policy environment, conducive business ecosystem, and technological advancements have contributed to the rapid growth of its solar manufacturing sector.

The expansion of solar manufacturing capacities in India is expected to create significant employment opportunities, drive industrial growth, and strengthen the country's position as a leading manufacturer of solar energy equipment. It also reinforces India's commitment to combating climate change and transitioning towards a sustainable and low-carbon future.

Overall, the robust growth in India's solar manufacturing capacities in 2023 underscores the country's determination to capitalise on the immense potential of solar energy and emerge as a global leader in the renewable energy sector.

India experienced significant growth in its solar manufacturing sector in 2023, adding 20.8 gigawatts (GW) of solar module manufacturing capacity and 3.2 GW of cell manufacturing capacity, according to a recent report. This surge underscores India's commitment to bolstering its domestic solar manufacturing capabilities and supporting the country's renewable energy ambitions. The substantial increase in solar module and cell manufacturing capacities reflects India's efforts to reduce its reliance on imports and promote indigenous manufacturing in the renewable energy sector. The country's focus on expanding its manufacturing base is aligned with its goal of achieving energy security and fostering economic growth through the renewable energy industry. The addition of 20.8 GW of solar module manufacturing capacity and 3.2 GW of cell manufacturing capacity in 2023 highlights India's growing stature as a key player in the global solar manufacturing landscape. The country's favourable policy environment, conducive business ecosystem, and technological advancements have contributed to the rapid growth of its solar manufacturing sector. The expansion of solar manufacturing capacities in India is expected to create significant employment opportunities, drive industrial growth, and strengthen the country's position as a leading manufacturer of solar energy equipment. It also reinforces India's commitment to combating climate change and transitioning towards a sustainable and low-carbon future. Overall, the robust growth in India's solar manufacturing capacities in 2023 underscores the country's determination to capitalise on the immense potential of solar energy and emerge as a global leader in the renewable energy sector.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code