Bhupinder Singh Bhalla, secretary of the Ministry of New and Renewable Energy (MNRE), revealed that India currently has 28 GW of solar module manufacturing capacity and 6 GW of battery capacity.

The Indian government has launched the Production-Linked Incentive (PLI) program and other policy measures to comprehensively promote the construction of a solar manufacturing ecosystem.

The PLI plan will support the addition of more than 48 GW of photovoltaic manufacturing capacity and cover different integration areas such as polysilicon to modules, ingot-wafer to modules, and cells + modules. Currently, India has an annual solar photovoltaic module manufacturing capacity of 28 GW and a battery capacity of 6 GW.

Bhalla said that many companies will continue to significantly increase production capacity on the basis of reaching the allocated capacity [PLI plan].

India aims to integrate 500 GW of non-fossil fuel power generation by 2030, including about 300 GW of solar power capacity. As of August 31, 2023, the country's installed solar capacity was 71.6 GW. Therefore, to achieve the 2030 target, India needs to add 30 to 40 GW of new solar power capacity every year.