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India’s solar surge faces global headwinds despite record growth and massive potential.

US Tariffs and Chinese Dependence Threaten India’s $7 Trillion Solar Dream.                                                                                                                                         

India’s solar industry, forecast to rival China’s by the mid-2030s, faces critical challenges from US trade barriers and Chinese supply chain dominance. While companies like Borosil Renewables, Reliance, Tata Power, and Waaree Energies are rapidly scaling, the sector remains heavily reliant on Chinese imports for wafers, glass, and equipment. US tariffs on Indian solar exports, set to rise as high as 64% this month, risk cutting access to India’s largest overseas market. At the same time, China supplies nearly all major inputs, with over 97% of solar glass and frames imported in 2024. Efforts to localise production are advancing—India added a record 22 GW of renewable capacity in early 2025, and module output has surged twelvefold since 2021—but cost competitiveness remains a hurdle. With global solar investments projected to reach $6.9 trillion by 2050, India’s ability to build self-reliant supply chains will decide its share of the solar prize.