The Indian Wind Turbine Manufacturers Association (IWTMA) has released a new report titled “Elevating India’s Wind Turbine Exports for Global Markets”, outlining a comprehensive strategy to transform India into a leading global exporter of wind turbines and components amid growing international demand for renewable energy technologies.
The report states that India’s wind turbine manufacturing industry has reached a critical growth phase, supported by an installed manufacturing capacity of approximately 24 GW per year. While the domestic market is expected to add around 10 GW of new wind capacity annually, the sector is already exporting wind turbine components equivalent to 4–6 GW each year.
According to IWTMA, India installed a record 6.1 GW of wind power capacity during FY2025-26, while exports of wind turbines and components exceeded ₹12,000 crore, representing a 50% increase over the ₹8,200 crore exported in FY2024-25.
The association noted that with the global wind market projected to reach approximately 212 GW of annual installations by 2030, exports should become the primary growth driver for India’s wind manufacturing industry rather than a secondary business opportunity.
The report identifies several structural challenges limiting India’s export competitiveness and proposes a multi-pronged roadmap to address them.
One of the report’s key recommendations is the creation of a competitive export finance and incentive framework. IWTMA said Indian manufacturers currently face higher production costs, limited access to long-term export financing, and insufficient buyer-side risk protection compared to manufacturers in countries such as Denmark, Germany, China, and the United States.
To improve competitiveness, the report recommends introducing an Export-Linked Wind Manufacturing Incentive (EL-WMI) for a period of five to seven years. It also proposes establishing an Indian Wind Export Finance Facility (I-WEFF) through EXIM Bank or IREDA to provide long-term buyer credit, supplier financing, and local currency lending for international projects. In addition, the report calls for an Export Credit Agency-backed payment deferral mechanism offering sovereign guarantees on export receivables, enabling Indian manufacturers to compete more effectively in global tenders.
The report also highlights supply chain localisation as a critical priority. Although assembly-level localisation in India’s wind industry has reached approximately 70%, system-level localisation remains around 50%, with key components such as generators, converters, specialty castings, and rare-earth magnets still heavily dependent on imports.
To address these gaps, IWTMA recommends manufacturing incentives for critical wind components, realignment of import duties on specialty steel, development of supplier parks near major ports, stronger collaboration between original equipment manufacturers and small and medium enterprises, and improved access to collateral-free financing for component suppliers. The report also advocates diversifying supply chains for rare-earth materials and investing in alternative drivetrain technologies to reduce dependence on China.
Certification and global bankability are identified as another major challenge. According to the report, the absence of an internationally recognised IECRE-accredited certification body in India limits the acceptance of Indian wind turbines in regulated international markets and increases financing costs for overseas projects.
To overcome this barrier, IWTMA recommends establishing an independent certification division within the National Institute of Wind Energy (NIWE), pursuing IECRE membership, and providing government support for international certifications, including IEC, UL, and DNV approvals. The report also proposes creating a dedicated export certification track under the Approved List of Models and Manufacturers (ALMM) framework to facilitate faster access to global markets.
The report further notes that Indian manufacturers currently focus primarily on 2–3 MW turbine platforms, while international demand is increasingly shifting toward larger 5 MW and above turbines equipped with advanced digital monitoring, predictive maintenance capabilities, and improved efficiency.
To bridge this technology gap, IWTMA recommends launching a dedicated national Wind Research and Development Mission with government co-funding to support the development of 4–6 MW turbine platforms in collaboration with global technology partners. Priority research areas include advanced blade aerodynamics, digital twin technologies, adaptive control systems, automated manufacturing processes, and next-generation gearbox and converter technologies. The report estimates that increasing localisation to 80–85% through targeted innovation could reduce component costs by up to 20%.
Recognising the growing importance of lifecycle services, the report also recommends developing regional service hubs and decentralised spare-parts networks across priority export markets, including South Africa, Australia, the Philippines, and Central Asia. It further calls for training local technicians to Global Wind Organisation standards and deploying AI-enabled remote monitoring and predictive maintenance solutions to strengthen after-sales support.
To enhance India’s international competitiveness, IWTMA proposes launching a government-backed “Brand India Wind” initiative aimed at promoting the country’s manufacturing capabilities through international trade exhibitions, diplomatic missions, digital marketing campaigns, and strategic partnerships with engineering firms, utilities, and development finance institutions.
The report also encourages Indian wind turbine manufacturers to pursue strategic international partnerships, including joint ventures, local manufacturing collaborations, and service alliances across emerging export markets. It recommends leveraging government trade missions and bilateral diplomatic engagements to facilitate market access and technology collaboration.
According to IWTMA, implementing these measures will help position India as a globally competitive supplier of wind turbine technology while supporting export-led growth, strengthening domestic manufacturing, and enabling the country to play a larger role in the rapidly expanding global wind energy market.
