India’s renewable energy growth strategy must move beyond capacity addition and place stronger emphasis on grid integration, advanced technologies, and domestic manufacturing to ensure smoother and more sustainable energy transition, Santosh Kumar Sarangi, Secretary, Ministry of New and Renewable Energy (MNRE), said at India Energy Week 2026.
Speaking during the Leadership Spotlight Session on the third day of the event, currently underway in Goa from January 27–30, Sarangi highlighted that India’s installed non-fossil fuel capacity has reached approximately 267 GW, with an ambitious target of over 600 GW by FY 2030.
He noted that forthcoming policy frameworks will increasingly focus on grid integration, distributed renewable energy management, and strengthening domestic manufacturing capabilities across the solar and wind value chains, aimed at reducing import dependence and enhancing supply chain resilience.
From an industry perspective, Gyanesh Chaudhary, Chairman and Managing Director, Vikram Solar, reflected on India’s early adoption of renewable energy, describing it as both an opportunity and a learning phase. He said that while rapid scaling initially exposed gaps in domestic manufacturing and supply chains, consistent policy direction and market creation have helped position India as one of the world’s leading renewable energy markets.
Chaudhary added that the next phase of growth will require deeper vertical integration, access to advanced technologies, and stronger participation in global markets, supporting India’s ambition to emerge as a long-term renewable energy manufacturing hub.
Offering a global policy outlook, Erik Solheim, President, International Advisory Board, GH2 India, emphasised that solar energy has now become among the most cost-effective sources of power worldwide, making the energy transition not just an environmental imperative but also a compelling economic choice.
Meanwhile, Aditya Pyasi, CEO, Indian Wind Turbine Manufacturers Association (IWTMA), highlighted the evolution of India’s wind sector from early deployment to advanced manufacturing and global integration. He noted that Indian manufacturers are increasingly catering to both domestic and international markets, adding that policy stability, component-level indigenisation, and sustained focus on job creation will be crucial to driving future growth amid geopolitical uncertainties.
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