India's solar cell capacity could exceed 60 GW by early 2027

Crisil expects India’s domestic solar cell supply to rise to about half of demand by fiscal 2026–27, driven by localization policies and capacity expansion, but warns that rapid buildout could pressure utilization and returns.

First covered Jun 18, 2026 · 4:48 AM PT · 1 article · no longer in the live window

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53d PV Magazine India may exceed 60 GW of solar cell capacity by end of Q1 2027 — Crisil expects India’s domestic solar cell supply to rise to about half of demand by fiscal 2026–27, driven by localization policies and capacity expansion,…

Appeared in: 2026-06-18 (#6) · 2026-06-19 (#17)

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