India’s exports of wind turbines and related components rose by around 50% in FY2025-26 to ₹12,800 crore, highlighting the country’s growing role as a global manufacturing and export hub for wind energy equipment. The figure was disclosed by Aditya Pyasi, CEO of the Indian Wind Turbine Manufacturers Association (IWTMA), ahead of Windergy India 2026.
Exports stood at about ₹8,200 crore in FY2024-25, meaning the latest increase represents a significant expansion in overseas demand for Indian-made turbines and components. Industry officials expect exports to grow further during FY2026-27 as manufacturers expand production and international demand for renewable-energy equipment increases.
India’s wind manufacturing base has also expanded rapidly. The country now has around 24 GW of annual turbine manufacturing capacity, while domestic value addition in the sector is estimated at 70-80%. Manufacturers produce key equipment including nacelles, blades, towers and gearboxes, although the industry says some specialised components still require further localisation.
However, cost competitiveness remains a key challenge. IWTMA said Indian manufacturers are close to matching Chinese suppliers but still face a cost gap of roughly 10-15%. Industry leaders are seeking additional support from central and state governments to close this gap and make Indian equipment more competitive in global markets.
Strong domestic demand is providing an additional foundation for the export push. India added a record 6.05 GW of wind capacity in FY2025-26, taking installed capacity to 58.14 GW as of July 31, 2026. The industry is targeting approximately 100 GW of installed wind capacity by 2030, with about 43 GW of projects currently under construction.
The government and industry are also focusing on building a more integrated domestic supply chain. The Ministry of New and Renewable Energy has launched WT-MARUT, a wind supply-chain portal intended to improve supply-chain visibility and support the sector’s manufacturing ecosystem.
With global demand for renewable-energy equipment increasing, industry projections suggest India could significantly expand its share of the international wind-turbine supply chain. A joint IWTMA-PwC report has estimated that India’s share of global wind turbine exports could reach 10% by 2030 and 20% by 2040, provided competitiveness and manufacturing capabilities continue to improve.