India’s Wind Exports Surge Elevenfold to USD 245 Million: Report

India’s accelerating clean energy expansion is reinforcing its position as a global renewable hub, with exports of wind turbines surging more than elevenfold over seven years—from USD 22 million in FY2018 to USD 245 million in FY2025, according to a new report by Rubix Data Sciences, a risk management and business intelligence firm.

The growth has been underpinned by a robust domestic base of 14 manufacturers and 33 turbine models, positioning India as a significant exporter of clean technology solutions.

Why Is Driving The Growth?

The Rubix report highlights the broader transformation of India’s renewable energy landscape. Installed renewable capacity reached 220 GW in FY2025, nearly tripling over a decade, as supportive policies and record corporate investment continue to drive momentum.

In the solar segment, India has overtaken Japan to become the world’s third-largest market, with 123 GW of installed capacity as of August 2025. Solar energy now accounts for 51% of the country’s renewable portfolio, compared to 2015, when Japan’s capacity was 34 times higher than India’s.

With global supply chains under strain, India’s push for self-reliance and import substitution has gathered pace. Solar module capacity doubled within a year to 100 GW by August 2025, while solar cell capacity rose to 27 GW, driving a 51% drop in module imports and 11% decline in cell imports during FY2025. The commissioning of the country’s first ingot-wafer facility is expected to further localise production and build an integrated solar value chain.

Role Of Green Hydrogen 

The report also notes green hydrogen as India’s next major export opportunity. The country aims to produce 5 million tonnes annually by 2030, targeting a 10% share of global demand. Prices have already declined to USD 3.5/kg, with further reductions expected as the government’s ₹1,000 million hydrogen innovation fund, launched in September 2025, boosts R&D and start-up activity in the segment.

Corporate India’s investment commitments continue to accelerate the clean energy shift. The Adani Group has earmarked ₹2.3 trillion for 30 GW of renewable capacity in Gujarat, Larsen & Toubro (L&T) is developing India’s largest green hydrogen plant at IOCL Panipat, while ONGC-NTPC has become the first government-backed JV to foray into renewables. ReNew has committed ₹220 billion for a hybrid renewable and storage project in Andhra Pradesh, and IPOs from Vikram Solar, Inox Clean Energy, and Juniper Green reflect deepening investor confidence in the sector.

“India’s renewable energy journey has reached a stage where ambition is meeting execution,” said Mohan Ramaswamy, Co-founder and CEO, Rubix Data Sciences. “The rapid scale-up of solar and wind, the growth in manufacturing, and the early strides in green hydrogen show that the sector is moving with both speed and direction. The challenge now is balancing growth with resilience, ensuring India emerges as a reliable global clean energy partner.”

While the outlook remains strong, the Rubix report cautions that trade barriers, dependence on Chinese inputs, and overcapacity risks could constrain progress. Nonetheless, India’s integrated strategy—combining local manufacturing, large-scale infrastructure investment, and technology innovation—positions it as a key force shaping the global energy transition.