India is racing toward a greener future. But what exactly is the goal, and what does it mean for businesses in the supply chain?
India is aiming for 500 GW of non-fossil fuel capacity by 2030. This includes solar, wind, hydro, and biomass. As of May 2025, the country has already achieved 232 GW, leaving 268 GW to be added in just five years.
Solar energy alone has reached 102.57 GW of installed capacity. By 2030, India plans to push this to 300 GW, making it the dominant force in the green energy in India journey.
Key drivers include energy security & net-zero targets, clean power for infrastructure & industry, government subsidies, and global investment interest in Indian projects. This growth is creating massive material demand, from solar frames to wind tower steel.
To reach 500 GW, India needs investments worth ₹30 lakh crore (~$360B). Funding challenges remain, but government backing and private interest continue to rise.
Every MW added means more steel structures, control rooms, and transmission towers. That means more orders for manufacturers, EPC players, and logistics companies. So, this is not just a policy goal but also a supply chain opportunity.
With MoUs like NISE–NSEFI promoting solar and hydrogen innovation, and states like Kerala streamlining renewable project approvals, India is building a supportive ecosystem for this transition.
Watch for tenders from NTPC, SECI, and state discoms. The roadmap is clear: India is going green, and it’s taking the whole industrial ecosystem along.