After Anti-Dumping Boost, Borosil Renewables Eyes Expanding Upto 11 GW

Indian solar glass manufacturer Borosil Renewables said that the anti-dumping duty imposed on Chinese solar glass has strengthened the domestic solar glass industry in India and triggered a new wave of capacity expansion across the sector.

Speaking to Saur Energy, Shreevar Kheruka, Vice Chairman of Borosil Renewables, said the duty has played a key role in supporting Indian manufacturers. “It is not a question of only Borosil Renewables, but in fact the imposition of anti-dumping duty was a great step in the interest of the domestic solar glass manufacturers from India,” Kheruka said.

According to him, the policy intervention has signaled that solar glass manufacturing must take place within India, encouraging companies to commit to large-scale investments. “This duty has sent a good message to the industry that the glass has to be made in India,” he said. “We have fast-tracked our expansion, too.”

Capacity Expansion to 11 GW

Kheruka said that Borosil Renewables is currently adding 4.5 GW of additional solar glass manufacturing capacity, on top of its existing 6.5 GW, taking its total capacity to 11 GW. “We are now thinking expansion even beyond that,” Kheruka confirmed.

Across the solar industry, Kheruka said that announcements for capacity additions total more than 5,000 tonnes per day, which the company believes will generate significant investment and employment.

Europe Unit Declared Insolvent 

Kheruka also addressed the company’s earlier decision to declare insolvency at its German solar glass plant. He said the European market suffered from severe dumping of low-priced Chinese solar glass, and a promised “Make in Europe” manufacturing policy never materialized.

“When we acquired the plant in 2020, there were talks of a Make in Europe policy. This policy was not implemented and the dumping of cheaper solar glass imported from China continued, making production unviable,” he said.

Without policy support, continuing operations in Europe was commercially unsustainable, he said. “Left with no option, we had to declare insolvency of the European unit. It was unfortunate, but it will not have any impact on our financials anymore,” he added.

Focus on R&D, Low-Carbon Glass and New Coatings

Borosil Renewables is also focusing on product development and sustainability. The company has been working on anti-reflective coatings and low-carbon-emission glass manufacturing processes, with more innovations underway, he added.

“New product development is a continuous process. A lot of R&D is going on,” Kheruka said.

The company has already announced a 70% expansion in product lines, expected to progress in the second half of 2026.

Exports Shift from Europe to the US

With demand from Europe slowing due to reduced module production there, the company expects the United States market to become a stronger export destination. However, Kheruka emphasized that India remains the priority. “There is enough demand in India and we would like to focus on that,” he said.

No Plans to Enter Cell or Module Manufacturing

Despite the rapid expansion in capacity, Borosil Renewables clarified that it has no plans to enter the solar cell or solar module segments. “We currently do not have any plans to venture into solar cell or solar module manufacturing. We want to remain in the business of solar glass only,” Kheruka stated.