nation’s cumulative solar module manufacturing capacity stood at 64.5 GW on Dec. 31, 2023
solar cell capacity reached 5.8 GW
Gujarat accounted for 46.1% of the country’s cumulative PV module manufacturing capacity, while Telangana accounted for 39% of the solar cell production capacity
Monocrystalline modules accounted for 67.5% of the country’s module production capacity, followed by polycrystalline, tunnel oxide passivated contact (TOPCon), and thin film modules
60% of the installed module manufacturing capacity was equipped to manufacture solar modules in M10 and G12 wafer sizes
imported 16.2 GW of modules in 2023, 158% up from 10.3 GW in 2022
exported 4.8 GW of solar modules in 2023, 204% up compared to 1.6 GW in 2022
solar cell imports in 2023 stood at 15.6 GW, 169% up year-on-year
Solar cell exports reached 286.3 MW in 2023, up 2,765% from 10 MW in 2022
projects that India’s PV module manufacturing capacity will surpass 150 GW and cell capacity will reach over 75 GW by 2026