India's Solar Manufacturing Capacity to Reach 160 GW by 2030, Says NSEFI

India's solar module manufacturing capacity will significantly increase to 160 GW by 2030—up from 80 GW in 2025—an expected 100 GW increase. Solar cell manufacturing capacity will increase from 15 GW to 120 GW. Wafer and polysilicon capacities are expected to increase from 6 GW in 2025 to 100 GW by 2030. These projections come from new research by SolarPower Europe with India specific projections provided by the National Solar Energy Federation of India (NSEFI).

This projected growth shows India's efforts to increase its solar manufacturing base as it works towards renewable energy targets and decreasing its dependency on imports.

India has set a renewable energy target of 500 GW of non-fossil fuel capacity by 2030. In February 2025, India surpassed 100 GW (AC) of installed solar capacity, over 50% of which has come in the last three years. To hit the 2030 renewable energy target, India plans to add 200 GW of solar in the next 5 years. Annual installations of PV grew 145% YoY to 30.7 GW in 2024 and are expected to grow another 21% to 37.3 GW in 2025.

Based on policies and current trends, the report projected that India's cumulative installed solar PV capacity would reach around 280 GW to 320 GW (AC) in 2030, under low- and high-growth scenarios, respectively.