India can be a global hub for wind turbines: Vice Chairman of Suzlon Energy Ltd, Mr. Girish Tanti

India has the potential to become a global manufacturing hub for wind power components, such as turbines, thanks to its strong infrastructure and established ecosystem. Vice Chairman of Suzlon Energy Ltd, Mr. Girish Tanti, emphasized that policy initiatives like the proposed National Manufacturing Mission in the Union Budget 2025-26 and the focus on clean tech manufacturing are key to unlocking this potential. India’s local content in wind energy projects stands at 64%, a significant advantage compared to the 20% local content in solar projects. With a robust base of nearly 2,500 Micro, Small, and Medium Enterprises (MSMEs) supporting the wind energy sector, India is well-positioned to cater to 10% of the global wind energy demand by 2030, leveraging its manufacturing capacity, technology, and global reputation. India already exports wind turbines and blades to countries like the United States (US), Australia, and Brazil, with an annual production capacity of 18 gigawatts. 

He called for fiscal support like the Production-Linked Incentive (PLI) scheme for solar modules and components to help strengthen the wind energy manufacturing sector. While the local wind energy content has decreased from 75% a decade ago to 64% today, the sector needs renewed focus and incentives from the government. The government’s National Manufacturing Mission aims to support the production of clean tech equipment, including wind turbines, which will improve domestic value addition. Suzlon plans to continue focusing on wind energy components while exploring hybrid and round-the-clock energy solutions.  

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.