The Indian Wind Turbine Manufacturers Association (IWTMA), the representative body for India's wind turbine manufacturing sector, has published a report titled "Elevating India's Wind Turbine Exports for Global Markets," calling on the Indian government to adopt a comprehensive export-led growth strategy to position the country as a leading global supplier of wind turbines and components.

Wind Insider reported that the report identifies India's wind turbine manufacturing industry as having reached a critical growth phase, with an installed manufacturing capacity of approximately 24 GW per year. India recorded a record 6.1 GW of wind power installations during FY2025-26, while exports of wind turbines and components exceeded ₹12,000 crore (approximately €1.29 billion), representing a 50 per cent increase over the ₹8,200 crore (approximately €881 million) exported in FY2024-25.

With the global wind market projected to reach approximately 212 GW of annual installations by 2030, IWTMA argues that exports should become the primary growth driver for India's wind manufacturing sector rather than a secondary business opportunity. The domestic market is expected to absorb around 10 GW annually, leaving significant capacity available for export.

The report identifies four major structural challenges limiting India's export competitiveness: access to export finance, supply chain localisation gaps, the absence of internationally recognised certification, and a technology gap in larger turbine platforms. To address these, IWTMA recommends introducing an Export-Linked Wind Manufacturing Incentive for five to seven years, establishing an Indian Wind Export Finance Facility through EXIM Bank or IREDA, and creating an Export Credit Agency-backed payment deferral mechanism offering sovereign guarantees on export receivables.

On localisation, the report notes that while assembly-level localisation has reached approximately 70 per cent, system-level localisation remains around 50 per cent, with key components such as generators, converters, specialty castings, and rare-earth magnets still heavily import-dependent. IWTMA recommends targeted manufacturing incentives, supplier park development near major ports, and diversification of rare-earth supply chains to reduce dependence on China.

The report also recommends establishing an independent IECRE-accredited certification body within the National Institute of Wind Energy to improve international bankability and market access. A dedicated national Wind Research and Development Mission is proposed to support development of 4 to 6 MW turbine platforms, with IWTMA estimating that increasing localisation to 80 to 85 per cent through targeted innovation could reduce component costs by up to 20 per cent.