India's solar module manufacturing capacity is expected to reach 215–220 GWp by FY-28, driven by strong policy support like the Production Linked Incentive (PLI) scheme, increasing domestic demand, and growing export opportunities. The country's solar cell manufacturing capacity is also projected to rise to around 100 GWp by the same fiscal year.
India's solar module manufacturing capacity is expected to reach 215–220 GWp by FY-28, driven by strong policy support like the Production Linked Incentive (PLI) scheme, increasing domestic demand, and growing export opportunities. The country's solar cell manufacturing capacity is also projected to rise to around 100 GWp by the same fiscal year.
Key projections for FY 28
Solar Module Capacity: 215–220 GWp
Solar Cell Capacity: Approximately 100 GWp
Driving factors
Policy Support: -
Government initiatives, especially the PLI scheme, are encouraging integrated solar manufacturing.
Domestic Demand: -
The growing need for solar power within India is a key driver.
Export Opportunities: -
Exports are anticipated to be a major growth area for the solar module sector.
Additional details
As of September 2025, India's installed solar capacity stood at 127.3 GW.
By FY28, India is estimated to require 36–47 crore solar panels to meet its targeted solar capacity.
MJF Lion ER YK Sharma
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