Views: 0 Author: Site Editor Publish Time: 2025-07-25 Origin: Site
According to the "India Solar Supply Chain Map Edition 1 - 2025" released by the joint consulting agency Sinovoltaics of the Netherlands and Germany, India is rapidly emerging as a prominent player in the global photovoltaic industry. It is expected that by 2030, its annual production capacity of photovoltaic modules will exceed 120 GW, and at the same time, its integrated integration capabilities are also improving.
The major links in the supply chain have significantly expanded their production capacity, but the pace has slowed down.
The report indicates that India's component production capacity has increased from 8 GW in 2017 to 68.4 GW at present, and will further expand to 120 GW by 2030; the production capacity of battery cells has expanded from 3 GW to 24.6 GW, and is expected to reach 65 GW by 2030. The casting capacity is also expected to double from 14 GW to 28 GW during this period.
In terms of upstream raw materials, Sinovoltaics estimates that India's current industrial silicon production capacity is approximately 300,000 tons, and there are plans for further expansion. However, due to the continuous decline in global silicon prices, the expansion pace is currently slowing down.
Nevertheless, Dricus de Rooij, the CEO of Sinovoltaics, pointed out that with the entry of new enterprises and the expansion of existing ones, India is rapidly enhancing its influence in the global solar energy industry chain. He said: "The key manufacturers we have added to the new map reflect the vigorous development of India's photovoltaic industry."
Leading enterprises have emerged and are concentrating on establishing operations in the United States.
The representative manufacturers listed in the new supply chain map include: Reliance Industries and Zuvay Technologies from Gujarat, Evervolt from Andhra Pradesh, Avaada and Luxra from Maharashtra, and Group Surya from Bihar, etc.
Meanwhile, major Indian companies such as Vikram Solar and TATA Power have launched local manufacturing projects in the United States, indicating that the internationalization strategy of Indian photovoltaic enterprises is accelerating.
The policy has promoted the rise of the industry, but it is highly dependent on imports for raw materials and equipment.
Solarovoltaics analysts believe that the rapid development of India's photovoltaic industry is driven by the government's capacity incentive policies, such as the Production Linked Incentive Scheme (PLI) and a series of strategic import tariff measures.
However, the report also points out that India's photovoltaic manufacturing still heavily relies on imported raw materials and high-end equipment, and still faces structural challenges in achieving true self-reliance and control.
