India’s domestic manufacturers let down again

Facebook
Twitter
LinkedIn
Reddit
Email
Credit: IndoSolar

Just when forecasts for India’s solar manufacturers in 2017 projected a dire outlook, energy minister Piyush Goyal has said in parliament that the previously touted incentives package for domestic firms will not be moving forward for the foreseeable future.

Consultancy firm Mercom Capital Group reported Goyal's announcement that the previously considered incentive programme had seen no progress, despite the domestic industry “eagerly awaiting” news of this special package to help them compete within the sector.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

Not ready to commit yet?
  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The news comes a week after Bridge to India forecast “another year from hell” for domestic manufacturers, as a result of demand within China falling significantly and import prices being driven down even further.

Mercom listed the multiple challenges facing local manufacturers such lack of access to capital for R&D. Meanwhile, even the latest Budget in January left manufacturers disappointed and the current incentive for electronics manufacturers, known as the Modified Special Incentive Package Scheme (M-SIPS), has been mired with delays.

Operational capacity in India includes 1,448MW for solar cells and 5,426MW for modules as of the end of last year – although there is much more capacity in the country which is either out of date or obsolete.

In contrast to the manufacturing side, India's downstream sector moves from strength to strength having officially crossed 10GW installations late last week, according to the Ministry of New and Renewable Energy.

Read Next

August 28, 2025
Indian solar manufacturing firm INA Solar has broken ground on its fourth 4.5GW cell production plant in Narmadapuram, Madhya Pradesh.
August 26, 2025
Jakson Engineers is investing over INR80 billion (US$912.5 million) to set up a 6GW integrated solar module, cell, and wafer plant.
August 26, 2025
India installed 14.3GW of new utility-scale solar capacity in the first half (H1) of 2025, marking a 49% increase year-on-year.
Premium
August 26, 2025
Africa imported over 15GW of panels from China in the 12 months to June 2025, a 60% increase over the imports recorded in the prior year.
Premium
August 22, 2025
Indian PV manufacturers are facing a double hit from US trade tariffs and anti-dumping measures on products sold in America. Shreeyashi Ojha reports on how these are impacting their business models.
August 21, 2025
National Thermal Power Corporation (NTPC), through its renewable energy arm NTPC Green Energy, has commissioned 212.5MW of solar capacity at its 1.25GW Khavda-I project. 

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines