Written by Chris Williams » Updated on: June 30th, 2025
India Wind Power Market 2025-2033
According to IMARC Group's report titled "India Wind Power Market Report by Location (Onshore, Offshore), and Region 2025-2033", The report offers a comprehensive analysis of the industry, including market share, growth, trends, and regional insights.
How Big is the India Wind Power Industry ?
The India wind power market size was valued at 49.8 GW in 2024 and is expected to reach 127.9 GW by 2033, exhibiting a growth rate (CAGR) of 11.04% during 2025-2033.
India Wind Power Market Trends:
The Indian wind-power sector is undergoing transformation from technological advancement with policy support falling just behind. For instance, the onset of hybrid systems, where wind farms (thereby increasingly solar-with-storage among different permutations) are interfaced for grid stability and maximum renewable concentration, can be seen. Other developments are repowering wind turbines, thus expediting the substitution of aged infrastructure with contemporary ones of higher capacity and efficiency in harvesting renewable energy. Floating offshore wind probably stands to become the game-changer, and pilot projects are mapping India's intricate coastline for unexplored wind resources.
From the decentralized standpoint, small turbines for agriculture and other industries empower rural communities, basically aiding corporate procurement of renewable energy and growth, whereby companies are committing to wind energy via PPAs as a build-up of CSR. Of course, digitalization and AI-enabled predictive maintenance has brought forth a new era in optimizing turbine performance, rejecting minimization through real-time monitoring, and analytics. On the tendering side, the states and centralized governments, multinational corporations and domestic companies have been collaborating to get involved in large-scale wind power projects.
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India Wind Power Market Scope and Growth Analysis:
India's wind power sector holds considerable potential within the country in view of ambitious renewable energy targets of the country and an advantageous geographical setup. Demand for clean energy from industries and commercial bodies has catalyzed investments in wind projects, especially in states with high wind potential. Incentives granted by the government, such as accelerated depreciation and generation-based incentives, have managed to attract developers even while feed-in tariffs were being withdrawn. With the rise of wind-solar hybrid parks, new opportunities are opening up; enhancing solutions to intermittency issues and land optimization.
Essentially, while onshore wind possibilities are massive, offshore wind development is all set to become an important growth avenue with feasibility studies underway in coastal areas. The scope for growth also lies in transmission infrastructure improvements and enhanced integration of wind power into the national grid. The collision of policy support, technological innovation, and private capital will reap long-term growth potential for wind, making it a pillar for sustainable energy transition in India in consonance with the nation's commitment toward energy transition and climate targets.
India Wind Power Industry Segmentation:
The report has segmented the market into the following categories:
Location Insights:
Regional Insights:
Competitor Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
Other key areas covered in the report:
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