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Data▼ Bearish for Indian equities
India's solar cell capacity lags module additions 5x in H1, imports up 18%
The brief
- India added 50.6 GW of solar module capacity versus 9.7 GW of cell capacity in H1 2026
- Solar cell imports rose 18%, increasing reliance on overseas supply
- Cell import dependence affects Indian solar manufacturers and renewable project supply chains
- India vs China manufacturing: Where India stands as Jefferies flags scale, energy and capex gaps
- Suzlon to Premier Energies: Ambit sees up to 40% upside but flags solar margin risks
- Waaree Energies arm enters specialty gases market
- Waaree Group enters specialty gases to serve semiconductor and solar manufacturers