India Solar Manufacturing

By Vishal Thanvi • Namril Shah• Levin Shah

India’s energy transition is one of the most documented stories in domestic capital markets. And yet, the more deeply we researched it, the more we found that the conventional framing was leaving the most important parts of the story untold.

This report is the product of eighteen months of sustained research into India’s solar manufacturing sector — built from the ground up, from installation data, player-level production figures, policy documents and our own modelling across the full value chain.

Click here to read the full report.