Currently, India can manufacture about 1,000 tonnes per day of solar glass, which is adequate for module production of 5-6 GW. The country’s overall module production capacity, however, is 38 GW.
Hence, there is a massive demand-supply gap, with domestic production meeting only 15% of the solar glass requirement and the remaining imported from China. For adding 35-38 GW of solar module capacity in the next three years or so, our solar glass capacity has to expand by 7-8 times to meet the demand.
With discontinuation of import duty on solar tempered glass last fiscal, the momentum on domestic capacity addition will remain slow. The government’s initiative to restrict imports or improvement in efficiency of domestic players to compete with imports will be crucial to kickstart the capacity addition for solar glass in India and will be a key monitorable.
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