India has reached 210 GW of solar module manufacturing capacity — a landmark figure that marks the country's transformation from a solar importer to a global manufacturing force.
How India Got Here
The Production Linked Incentive (PLI) scheme for solar modules, combined with MNRE's mandatory BIS quality certification, has driven a wave of domestic manufacturing investment. Companies like Waaree, Adani Solar, Premier Energies and Vikram Solar have expanded capacity aggressively.
Why It Matters for Buyers
Domestically manufactured modules are now price-competitive with Chinese imports for many project sizes — and carry BIS certification that is mandatory for government schemes including PM Surya Ghar. Buyers can now access quality Indian-made panels without the premium they once commanded.
Impact on Inverter Demand
More solar installations mean more inverter demand. As module costs fall, the inverter becomes a larger proportion of total system cost — increasing customer scrutiny of inverter quality, warranty and brand reputation.
Source: Mercom India / Renewables Now
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