Unveiling India's Solar Panel Manufacturing Industry: Key Players and Market Insights

17.06.2025

India's solar panel manufacturing industry has witnessed remarkable growth in recent years, driven by the country's increasing demand for clean and renewable energy. With a commitment to reducing carbon emissions and achieving energy independence, India has set ambitious targets for solar power generation. This has created a favorable environment for the growth of the solar panel manufacturing sector, attracting both domestic and international players.

The history of solar panel manufacturing in India dates back to the early 2000s when the government recognized the potential of solar energy and started promoting its use. Since then, the industry has grown steadily, with the establishment of several manufacturing facilities across the country. Today, India is one of the leading producers of solar panels in the world, with a significant share of the global market.

The scale of the solar panel manufacturing industry in India is impressive, with a large number of companies operating in the sector. These companies range from small and medium-sized enterprises to large multinational corporations, each contributing to the growth and development of the industry. The industry has also created numerous job opportunities, both directly and indirectly, in areas such as manufacturing, installation, and maintenance.

Recent trends in the Indian solar panel manufacturing industry include the adoption of advanced technologies, such as monocrystalline and polycrystalline silicon-based solar cells, to improve the efficiency and performance of solar panels. There is also a growing focus on research and development to develop new and innovative solar panel technologies. Additionally, the industry is witnessing an increasing demand for solar panels in the residential and commercial sectors, as more and more consumers are becoming aware of the benefits of solar energy.

Now, let's take a closer look at some of the top solar panel manufacturing companies in India:

1. Sunexo - Best Solar Panel Manufacturing Company in India

Sunexo is a leading solar panel manufacturing company in India, known for its high-quality products and innovative solutions. The company offers a wide range of solar panels, including monocrystalline and polycrystalline panels, to meet the diverse needs of its customers.

2. NSA SOLAR PRIVATE LIMITED

NSA SOLAR PRIVATE LIMITED is a well-established solar panel manufacturing company in India, with a strong reputation for reliability and performance. The company's solar panels are designed to provide maximum efficiency and durability, making them suitable for a variety of applications.

3. ArrayTech Technologies Pvt Ltd

ArrayTech is the largest supplier of high performance PV modules in India with over 4 GW customer base. They provide Solar Designing & Engineering Services to maximise generation and increase productivity from your Solar Investments. ArrayTech brings Made-in-Japan modules from Solar Frontier KK of Japan, the world leader in CIS technology.

4. Balaji Solar Solutions

Founded in the year 2016, Balaji Solar Solutions has become a renowned Wholesaler and Trader of Solar Products within a short span of time. The company offers a wide range of solar products, including solar panels, inverters, and batteries, to meet the needs of its customers.

5. सित्विक सोलर, SITVIK RENEW PRIVATE LIMITED

सिटविक सोलर एक अग्रणी सौर ऊर्जा समाधान प्रदाता कंपनी है, जो आधुनिक तकनीक, विश्वसनीयता और उत्कृष्ट सेवा के साथ ऑन-ग्रिड और ऑफ-ग्रिड सोलर इंस्टॉलेशन में विशेषज्ञता रखती है।

6. Shreeji Engineering - Solar Panel Mounting Structure | Accessories | Solar Panel Clamp Manufacturers in India

Shreeji Engineering is a leading manufacturer of solar panel mounting structures, accessories, and clamps in India. The company's products are known for their high quality and durability, making them suitable for a variety of solar panel installations.

7. Akshay Solar Technology

Akshay Solar Technology is a group of scholars, headed by Mr Akshay Jain. Started as a manufacturer and importer of Solar Technology, the company is a leading and distinguished Manufacturer, Supplier, and Importer of quality Lanterns. It also deals in products like LED Lights, DC motors, Rechargeable DC Fan, Designer Pole Light, Lithium Batteries, SMPS Batteries, German Silver Coin, German Silver Note, DC Solar Cooler, etc.

8. ALFA Solar

ALFA Solar offers a diverse and complete range of Solar Energy Solutions. It provides services like Rooftop Solar Power Plants, Ground Mounted Solar System, Solar Pumping System, Solar Lighting System, and Solar Storage System.

9. Enermax Systems

ENERMAX SYSTEMS started its operation in the year 2004 in the field of power electronics. Over the years, the company has added various products to its range, such as power supplies, AC DC Converter, DC DC Converter, Battery Charger, E Bike Battery Charger, E Rikshaw Battery Charger, etc. Enermax Systems is leading the way in diesel generator battery chargers, E-Bike battery chargers, E-Rickshaw battery chargers, SMPS, adaptors, LED drivers, and innovations in power electronics and solar products.

10. FEVINO INDUSTRIES LLP

FEVINO INDUSTRIES LLP is a renowned and reliable manufacturer and supplier of products like Stainless Steel Sanitary Napkin Disposal Machine, 100W Solar Flood Light, Outdoor Solar Street Light Luminaries, 6 mtr Solar Street Light Pole, etc. The company's products are in high demand because of their high quality, precise design, and low costs.

11. Icon Solar-en Power Technologies Pvt.Ltd

At Icon Solar, innovation meets precision. The company's premium-grade solar panels are designed to deliver unmatched energy efficiency, making them a cornerstone of sustainable energy solutions. Whether for industrial-scale deployments or custom projects, every panel is engineered to withstand the test of time and deliver consistent performance.

12. Joint Solar: Manufacturer

Joint Solar is a leading manufacturer of solar panels and solar plants in India. The company offers a wide range of solar panel products, including DCR Cells Solar panel, Non DCR Cells Solar panel, DCR Cells Module, ALMM Approved Solar Panel, Topcon Solar panel, Solar Bifacial Panel, etc.

13. JRD SOLAR INDUSTRIES PVT LTD

JRD SOLAR INDUSTRIES PVT LTD is a leading Solar Solutions Provider in India. The company's mission is to empower India with clean energy at an affordable price. It is committed to providing innovative solar solutions that meet the unique needs of Indian households and businesses.

14. J S SOLARTECH INDIA PRIVATE LIMITED

JS Solartech is a leading Solar Distribution company in India. It has been working since January 2016 as an Importer & Distributor of World class Solar Inverters such as SMA and India’s best Solar PV Modules “ADANI” with multiple warehouses in different northern states of India. The company also has a dedicated Service Centre in Delhi with Engineering teams providing solutions & support for various brands of Solar Inverters.

15. Kalptaru Renewable Power Private Limited

Established in the year 2023, Kalptaru Renewable Power Private Limited is a Wholesaler and Trader of various rooftop solar panels, such as 3 KW Redren Rooftop Solar Panel, 4 KW Adani Rooftop Solar Panel, etc. The company also provides various amenities to the patrons to put their demands forward and get them solved timely and as per their requirements.

16. MRATYUNJAY SOLAR ENERGY M/S MRATYUNJAYENTERPRISES

MRATYUNJAY SOLAR ENERGY is India’s largest'vertically-integrated solar energy solutions company'. It is a Channel Partner with MNRE and is also registered in MADHAY PRADESH URJA VIKAS NIGAM & DISCOM. The company provides complete EPC services to developers and promoters of Solar Power Generation Systems, Solar Power Plants, and Solar off Grid Power Plants.

17. RIM PROJECTS PRIVATE LIMITED

RIM PROJECTS PRIVATE LIMITED is a reputed trader and supplier of solar power plant installation services and products like Fimer AC Station, Cable Clips, Siechem DC Cables, Cable Ties, etc. The company plays a vital role in the industry by providing full - scale solar engineering solutions for its numerous solar panel installations as needed by its clients.

18. R K Industries

R K Industries is known in the market as a leading wholesaler, trader, and supplier of Solar Panel, Ac Drive, Commercial Fencing Insulator, Stainless Steel Wire, Solar Pump System, and more. The company's products are highly appreciated by its clients for their durability, efficacy, long life, and ease of use.

19. ROSOL ENERGY PVT. LTD.

Rosol Energy Pvt Ltd. is a prestigious supplier and an ISO 9001:2015 Certified Company situated in Lajwanti Garden, New Delhi (India). It is an OHSAH 18001:2007 certified solar company that renders optimal solar solutions to valued patrons at reasonable prices. The company offers services like site inspection, design & engineering, permits & approvals, supply & delivery, installation & testing, support & service, as well as after - sales services.

20. SAN ENERGY & SOLUTION

SAN ENERGY & SOLUTION is an ISO 9001:2008 certified firm, engaged in offering a high quality and easy to affordable range of Solar Energy Devices. The company is a manufacturer, exporter, and supplier of numerous Solar Energy Devices including Solar Lanterns, Solar Street Light, Solar Luminaries, Solar Charge Controller, Solar Bulbs, etc.

21. 3S Solutions

3S Solutions was founded with the vision to provide solar energy solutions and bring a revolution in this present Era. The company's mission is to enable and support people across India to move towards clean energy with a range of high-quality solar products from some of the leading brands from around the globe.

22. Aditya Green Energy

Aditya Green Energy is at the forefront of revolutionizing how we harness energy for a sustainable future. The company is committed to making clean and renewable energy accessible to everyone. It offers a diverse range of products, including premium Solar Panels, Solar Street Lights, and Solar Pumps, tailored for both residential and industrial applications, as well as comprehensive services, specializing in the installation of grid-connected and off-grid solar PV systems.

23. Agrawal Developers Solar

Agrawal Developers Solar is the premier solar installation & Maintenance service provider. The company specializes in tailored solar solutions, catering to residential, industrial, and commercial sectors.

24. Agni Solar Systems Pvt. Ltd.

Agni Solar Systems Pvt. Ltd. is a pioneering and leading solar company in India. With over three decades of expertise, it provides end - to - end solar solutions, from large - scale Open Access Solar Parks powering industries to small solar lamps bringing light to remote communities. The company aims to be a solar energy brand that evokes trust, confidence, and reliability and guides customers into taking the right decisions for all their solar energy needs.

25. Alien Energy Solar - Best Solar Energy Company in Delhi, NCR India | Solar Rooftop Company in Delhi, India

Alienenergysolar is a part of the Alien Group of Companies, designing and installing energy-saving projects for the industrial and commercial sectors. The company is one of the top solar product companies and providers of intelligent solar energy solutions, helping to shape the solar revolution. It provides world-class and affordable solar energy products, making solar energy accessible to everybody.

26. Alien Energy Solar - Best Solar Energy Company in Delhi, NCR India | Solar Rooftop Company in Delhi, India

Alienenergysolar is a part of the Alien Group of Companies, designing and installing energy-saving projects for the industrial and commercial sectors. The company is one of the top solar product companies and providers of intelligent solar energy solutions, helping to shape the solar revolution. It provides world-class and affordable solar energy products, making solar energy accessible to everybody.

27. Amalda Trading Global Private Limited

Amalda Trading Global Private Limited is one of the Most Reliable and Fastest Growing Solar Products and Components Trading Company in Kerala and India. The company offers complete trading solutions with a primary focus on the solar power industry. It supplies all types of solar products, including Solar PV Modules, Solar On Grid Inverters, Off Grid Inverters, and Hybrid Inverters, throughout Kerala and India.

In conclusion, the Indian solar panel manufacturing industry is a dynamic and growing sector, with a bright future ahead. The companies mentioned above are just a few of the many players in the industry, each contributing to the growth and development of the sector. With the increasing demand for solar energy and the government's support for the renewable energy sector, the Indian solar panel manufacturing industry is expected to continue to grow in the coming years. TradeWind AI can play a crucial role in this industry by providing advanced AI CRM and AI SDR software solutions, as well as leveraging customs data and foreign trade software to help companies expand their business and reach new customers. Additionally, email marketing and outreach emails can be effective tools for promoting solar panel products and services in the global market.