Indian solar equipment makers plan ₹30,000 crore play for 50 GW of cell capacity to meet local sourcing mandate
India currently has a manufacturing capacity of 160 GW for solar modules but only about 30 GW for solar cells (at the start of 2026), necessitating imports to cater to domestic demand. The development follows a new government rule, taking effect this June, which mandates that solar cells for government-supported schemes and projects from where…