Addressing the 7th edition of Windergy India 2025 in Chennai, he emphasized that increasing domestic value addition is essential to strengthen India’s clean energy supply chain amidst evolving global dynamics and rising geopolitical challenges.
Highlighting wind energy’s crucial role in driving indigenization given its high local content, the Minister projected that India can capture 10% of the global wind supply chain by 2030, and up to 20% by 2040. Stating that Wind energy contributes nearly one-fifth of the 257 GW of installed renewable capacity, he pointed out that India is among the five countries that manufacture most wind components domestically. India has reached nearly 54 GW of installed wind capacity.
The Minister indicated that the upcoming Approved List of Model Manufacturers (ALMM) (Wind) will drive the next 46 GW of capacity largely by domestic manufacturing. In the current financial year alone, India expects annual installations to exceed 6 GW. Earlier in the day, the Minister had indicated in a social media post that the nation’s total installed electricity capacity has crossed 500 GW, with over 51% from non-fossil fuel sources.
Chairman of Indian Wind Turbine Manufacturers Association (IWTMA), Girish Tanti said that India is positioned to serve 10% of global wind supply chain by 2030, with with nearly 64% local content and over 2,500 MSMEs contributing to the sector currently. He added that domestic capabilities in the sector span across key components for wind such as nacelles, blades, and towers, commanding excess of 10% of global market share.
