Jakson Group to Invest ₹8,000 Crore in 6-GW Solar Manufacturing Hub, Boosting India’s Green Energy Self-Reliance – EQ
In Short : Jakson Group’s subsidiary has announced plans to invest over ₹8,000 crore in a 6-GW integrated solar manufacturing facility. The project will focus on producing solar modules, cells, and wafers to strengthen India’s renewable energy ecosystem. This investment supports India’s solar capacity expansion, reduces dependence on imports, and aligns with the government’s clean energy mission.
In Detail : Jakson Group’s renewable energy arm has announced a major investment of over ₹8,000 crore to establish a 6-GW integrated solar manufacturing plant. The facility will be equipped to manufacture modules, cells, and wafers, helping India build a strong domestic supply chain in the solar energy sector. This step reflects the company’s vision to support the nation’s energy transition.
The new plant is expected to not only enhance India’s solar production capacity but also minimize dependence on imports, particularly from China. By setting up an end-to-end facility, the company aims to strengthen the country’s self-reliance in renewable technologies. This aligns with the government’s push for local manufacturing under the ‘Atmanirbhar Bharat’ initiative.
Officials stated that the investment will play a vital role in creating a robust ecosystem for solar manufacturing in India. The 6-GW facility will serve both domestic and international markets, boosting India’s position as a global player in clean energy solutions. It is expected to generate large-scale employment opportunities as well.
The project highlights the increasing importance of backward integration in the renewable sector. With wafers, cells, and modules being produced in one facility, efficiency will improve, costs will reduce, and production timelines will be shortened. This will make Indian solar equipment more competitive in the global market.
Experts believe this investment comes at a critical time when India is targeting ambitious renewable energy goals. The government has set a target of 500 GW of renewable capacity by 2030, with solar expected to contribute a significant share. Large-scale manufacturing facilities will be crucial to meeting these objectives.
The company’s move is also seen as a response to rising global demand for clean energy. As more nations adopt renewable energy to meet climate goals, India’s manufacturing capacity could position it as a major exporter of solar technology. This would add economic value while supporting sustainability.
Industry analysts suggest that the 6-GW plant could drive down the cost of solar power in India. With domestic production cutting import costs, the overall affordability of renewable energy will improve. This will ultimately benefit consumers and accelerate the adoption of solar power across sectors.
Job creation is another key benefit of this project. Thousands of direct and indirect employment opportunities are expected during the construction and operational phases. Additionally, it will spur growth in supporting industries such as logistics, raw materials, and technology solutions.
Overall, Jakson Group’s investment marks a significant step in advancing India’s renewable energy journey. By focusing on integrated manufacturing, the company is setting a benchmark for the industry while reinforcing India’s role in the global green economy. This development reflects the synergy between private investment and national energy priorities.
