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Report Description

Report Description

Forecast Period

2027-2031

Market Size (2025)

USD 3.18 Billion

Market Size (2031)

USD 4.84 Billion

CAGR (2026-2031)

7.10%

Fastest Growing Segment

250KW to 500KW

Largest Market

South India

Market Overview

India Wind Turbine Market was valued at USD 3.18 Billion in 2025 and is expected to reach USD 4.84 Billion by 2031 with a CAGR of 7.10% during the forecast period.

A wind turbine is a device that converts the kinetic energy of wind into electrical energy. It operates by using large blades mounted on a rotor, which spins when wind flows over them. This spinning motion turns a shaft connected to a generator, producing electricity. Wind turbines are commonly installed in open areas with consistent wind, such as coastal regions, plains, or offshore locations.

There are two main types of wind turbines: horizontal-axis and vertical-axis. Horizontal-axis turbines, which resemble traditional windmills, are the most widely used. Vertical-axis turbines, although less common, are sometimes used in urban settings or areas with varying wind directions.

Wind turbines play a significant role in sustainable energy production, offering a clean, renewable alternative to fossil fuels. They produce no direct greenhouse gas emissions during operation, making them environmentally friendly. Modern wind turbines are equipped with advanced control systems that optimize performance and ensure safety, even under extreme weather conditions.

While wind power has limitations, such as variability and noise concerns, its benefits in reducing carbon emissions and supporting energy independence are substantial. As technology continues to advance, wind turbines are becoming more efficient, reliable, and crucial to global efforts to combat climate change and promote green energy solutions.

Key Market Drivers

Government Policies and Incentives

One of the primary drivers of the wind turbine market in India is the strong backing from the government through supportive policies, financial incentives, and regulatory frameworks. Over the years, the Indian government has actively promoted renewable energy as a key part of its national energy strategy, aiming to reduce dependency on fossil fuels, combat climate change, and ensure long-term energy security.

India's Ministry of New and Renewable Energy (MNRE) has set ambitious targets for wind energy as part of its overall renewable energy goals. As of recent years, the government aims to achieve 140 GW of wind capacity by 2030, a goal supported by various schemes such as the Accelerated Depreciation (AD) benefit, Generation-Based Incentives (GBI), and concessional financing options. These initiatives reduce project costs and improve the financial viability of wind energy projects, encouraging private sector participation and foreign investment. Furthermore, the government has established competitive bidding mechanisms for wind power projects, which promote cost efficiency and transparency in project allocation. The introduction of wind-solar hybrid policies and offshore wind development guidelines has also expanded the scope and scale of wind energy opportunities in the country.

To central government policies, many state governments offer preferential tariffs, land acquisition support, and streamlined approval processes for setting up wind farms. States like Tamil Nadu, Gujarat, and Maharashtra have led the way, contributing significantly to national wind capacity due to their favorable wind resources and proactive state policies.

The consistent push from the government not only fosters market growth but also instills investor confidence. These policy-driven efforts create a conducive ecosystem for wind turbine manufacturers, project developers, and ancillary industries, ensuring steady demand and innovation in the sector. India aims to achieve 500 GW of renewable energy capacity by 2030, with wind power expected to contribute around 140 GW.

Abundant Wind Resources and Geographical Diversity

India is naturally endowed with a vast and diverse range of wind resources, which makes it one of the most promising countries for wind power generation. The country has several regions with high wind speeds and favorable climatic conditions, particularly in states like Tamil Nadu, Gujarat, Karnataka, Maharashtra, and Rajasthan. These areas are ideal for installing large-scale wind turbines and developing wind farms.

According to wind resource assessments conducted by national agencies, India has an estimated wind energy potential of over 300 GW at 100 meters above ground level. This figure increases significantly with advancements in turbine technology that allow for greater hub heights and larger rotor diameters, which can capture wind at higher altitudes and lower speeds. As a result, areas previously considered unsuitable for wind power are becoming viable for new projects.

In addition to onshore potential, India also has considerable offshore wind energy prospects, especially along its western coastline. The development of offshore wind farms, though still in the early stages, is expected to provide a significant boost to the market as infrastructure, policy support, and investments improve.

The diversity of wind-rich regions across the country enables a decentralized and regionally balanced approach to wind energy deployment. This helps in reducing transmission losses and strengthening energy supply in remote or underserved areas. The presence of multiple suitable locations also reduces over-reliance on a few specific states, thereby spreading economic benefits and creating job opportunities across a wider geographical area. Moreover, the availability of wind throughout much of the year in many regions contributes to a more stable and predictable energy output, enhancing the reliability of wind as a renewable energy source. This reliability is crucial in ensuring the integration of wind power into the national grid alongside other energy sources. Tamil Nadu (leading with around 10 GW installed capacity), Gujarat, Maharashtra, Karnataka, Rajasthan, and Madhya Pradesh collectively contribute a significant portion of the country’s wind capacity.

Rising Energy Demand and Need for Energy Diversification

India's rapidly growing population and economy are driving a sharp increase in electricity demand. As one of the world's fastest-growing economies, the country requires a reliable, scalable, and sustainable energy mix to support industrial expansion, urbanization, and the rising standard of living. Meeting this energy demand solely through conventional sources such as coal and natural gas poses environmental, economic, and supply-chain risks.

To address these challenges, India is increasingly turning to renewable energy sources, including wind power, to diversify its energy portfolio. Wind energy offers a low-cost and scalable solution that can be quickly deployed to meet rising demand. Unlike fossil fuels, wind power is not subject to volatile commodity prices or import dependencies, which enhances energy security and price stability.

Wind turbines also offer an excellent complement to solar energy, which has seen massive growth in India. When used together in hybrid systems, they provide a more consistent power supply by balancing each other's generation patterns. This hybridization is especially valuable in regions where demand fluctuates throughout the day or where grid infrastructure is under strain. In addition, integrating more wind energy into the grid reduces greenhouse gas emissions, helping India meet its international climate commitments under the Paris Agreement. As the country seeks to reduce its carbon intensity and improve its environmental footprint, wind power plays a crucial role in decarbonizing the energy sector.

India’s industrial and commercial sectors, which are under increasing pressure to adopt sustainable practices, are also driving demand for renewable energy, including wind power. Many companies are entering long-term power purchase agreements (PPAs) with wind farm developers to meet their clean energy targets. This private sector demand adds another layer of growth potential to the wind turbine market. India’s electricity consumption is expected to grow at a compound annual growth rate (CAGR) of around 6-7% over the next decade, driven by industrialization, urbanization, and rising per capita consumption.


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Key Market Challenges

Land Acquisition and Infrastructure Bottlenecks

One of the key challenges facing the wind turbine market in India is the difficulty in acquiring suitable land and the lack of adequate infrastructure to support large-scale wind projects. Although India has vast wind potential, especially in states like Tamil Nadu, Gujarat, and Maharashtra, the process of securing land for wind farms is often slow, bureaucratically complex, and fraught with local opposition.

Land acquisition involves navigating multiple layers of government approvals, dealing with unclear land ownership records, and managing negotiations with local communities. In some cases, local resistance arises due to concerns over displacement, disruption of traditional land use (especially in agricultural and tribal areas), and inadequate compensation. These issues can lead to prolonged delays in project execution and increased costs.

Many of the high-wind zones are located in remote or underdeveloped areas that lack essential infrastructure such as roads, power evacuation lines, and substations. Without proper transmission connectivity, wind farms cannot deliver electricity efficiently to the grid. In several cases, wind projects are completed but remain underutilized due to the absence of transmission infrastructure, resulting in financial losses and underperformance of investments.

The central and state governments have recognized these issues and have initiated steps like setting up renewable energy parks and green energy corridors. However, the progress has been uneven, and coordination between various government agencies remains a challenge. There is also a need for better long-term planning to align wind power development with infrastructure growth and grid capacity enhancement. Furthermore, rising competition for land from solar projects, industrial zones, and urban expansion creates additional pressure. Unlike solar farms, which can be built on flat, less windy terrain, wind farms require specific topographical and meteorological conditions. This makes suitable land even more scarce and contested.

Policy Uncertainty and Regulatory Inconsistencies

Policy uncertainty and inconsistent regulatory frameworks are major challenges undermining the stability and long-term growth of India’s wind turbine market. While the Indian government has made substantial efforts to promote wind energy, the lack of a stable, transparent, and long-term policy environment continues to create uncertainty among investors, developers, and equipment manufacturers.

Over the past decade, policy shifts such as changes in tariff structures, withdrawal of financial incentives, and the introduction of competitive bidding mechanisms have created a volatile market environment. While auction-based bidding has helped reduce costs, it has also led to aggressive pricing, squeezing profit margins for developers and suppliers. In some cases, unrealistic bidding has resulted in project delays, cancellations, or quality compromises during execution.

Further compounding the problem is the variation in policies between central and state governments. For instance, state-level discoms (distribution companies) sometimes delay payments to wind power developers or fail to honor signed power purchase agreements (PPAs), creating financial stress. In other situations, states have imposed retrospective charges or attempted to renegotiate previously agreed tariffs, eroding investor confidence.

The lack of a unified national renewable energy policy that ensures consistency across states creates fragmentation in the market. Developers must navigate different regulatory environments, timelines, and approval processes for each state, which adds to the complexity and cost of doing business.

Regulatory bottlenecks also extend to project approvals, environmental clearances, and grid connectivity. Delays in obtaining forest clearances, aviation permits, and land conversion approvals can stall projects for months or even years. In some regions, high grid curtailment rates—where generated power is not allowed to be fed into the grid due to load balancing or technical limitations—reduce the actual energy yield and profitability of wind farms. In addition, the absence of long-term visibility in government procurement plans makes it difficult for turbine manufacturers to forecast demand and scale up production. This leads to underutilization of manufacturing capacity and limits the sector’s ability to create jobs and achieve economies of scale.

To address these issues, India needs a stable and predictable policy framework that supports long-term investment, fair market competition, and transparent regulations. Ensuring timely payments, honoring contracts, and reducing inter-state regulatory differences will be essential to unlocking the full potential of the wind turbine market.

Key Market Trends

Rise of Wind-Solar Hybrid Projects

A major trend in India’s wind turbine market is the growing emphasis on wind-solar hybrid projects. These systems combine wind and solar energy generation at the same location or grid connection point, enabling more efficient use of land and infrastructure while ensuring a more consistent power supply. In a country like India, where sunlight is abundant and wind conditions vary regionally and seasonally, this hybrid approach is gaining popularity.

The Indian government has recognized the benefits of hybridization and has launched the National Wind-Solar Hybrid Policy to encourage developers to co-locate wind and solar plants. This policy allows better use of transmission infrastructure, reduces variability in power output, and supports grid stability—addressing some of the core challenges in renewable energy integration.

Hybrid projects offer financial and operational advantages. Developers can share power evacuation systems, substations, and land, significantly lowering capital and operational costs. This also results in a more balanced load curve, reducing the risk of grid curtailment and maximizing asset utilization.

From a technological perspective, turbine manufacturers and EPC players are now customizing solutions for hybrid setups, including advanced inverters, control systems, and energy management software that can handle inputs from both sources effectively.

States like Gujarat and Rajasthan are leading in hybrid deployments due to favorable land availability and high wind and solar potential. Additionally, major renewable energy companies are increasingly bidding for hybrid tenders, reflecting growing industry interest.

Increasing Turbine Size and Technological Innovation

Another defining trend in India’s wind turbine market is the shift toward larger, more advanced turbine models. With improvements in materials, blade design, and control systems, turbine manufacturers are now producing machines with higher hub heights, longer rotor diameters, and greater capacity—often exceeding 3 MW per unit.

The motivation behind this trend is clear: larger turbines can capture more wind energy, especially at higher altitudes where wind speeds are stronger and more consistent. This results in improved capacity factors, lower levelized cost of electricity (LCOE), and better project viability even in regions with moderate wind potential.

Earlier, turbines with 1.5–2 MW capacity were the norm in India. Today, manufacturers are introducing turbines with 3–4.5 MW capacity, suitable for both onshore and upcoming offshore applications. These turbines are not only more powerful but also come with smart technologies such as condition monitoring systems, remote diagnostics, and predictive maintenance algorithms.

The adoption of modular construction techniques and lightweight composite materials has also made it easier to transport and assemble larger turbines in difficult terrains. This is particularly valuable in India's diverse geography, where some high-wind zones are located in remote or hilly areas. Additionally, digitalization is enhancing the performance of turbines. SCADA systems, AI-driven optimization tools, and IoT sensors are being integrated into turbine operations to improve output, detect faults early, and reduce downtime. These innovations are making wind energy more competitive with conventional sources.

As turbine technology continues to evolve, developers can achieve higher returns on investment while reducing their carbon footprint. For India, where energy demand is growing and land is limited, larger and smarter turbines are crucial for maximizing energy output per square kilometer.

Segmental Insights

Type Insights

The Horizontal-Axis Turbine held the largest market share in 2025.  Horizontal-axis wind turbines (HAWTs) dominate the Indian wind turbine market due to their superior efficiency, technological maturity, and suitability for large-scale energy generation. These turbines have their main rotor shaft and electrical generator mounted at the top of a tower, with blades that rotate on a horizontal axis. This configuration allows them to harness wind energy more effectively, especially in areas with consistent and strong wind speeds—a characteristic of many of India’s leading wind corridors, such as in Tamil Nadu, Gujarat, and Maharashtra.

One of the primary reasons for the dominance of HAWTs is their high energy conversion efficiency. Their aerodynamic blade design enables them to capture more wind and generate greater power output compared to vertical-axis turbines, particularly at utility-scale levels. Moreover, HAWTs can be scaled up to very large capacities (exceeding 3 MW), which is essential for meeting India’s growing electricity demands and renewable energy targets.

HAWTs also benefit from established manufacturing ecosystems and supply chains in India. Many leading global and domestic turbine manufacturers, such as Suzlon, Siemens Gamesa, and Vestas, produce HAWTs tailored for Indian conditions. This has led to economies of scale, cost reductions, and wide market acceptance. Additionally, government policies and tendering frameworks have historically favored large-scale grid-connected wind projects, which are better served by horizontal-axis designs. Infrastructure such as transmission lines and substations is typically planned with these turbines in mind, further reinforcing their dominance.

Installation Insights

The Onshore held the largest market share in 2025.  The dominance of onshore wind turbines in the Indian wind turbine market is primarily due to their economic viability, ease of deployment, and supportive infrastructure compared to offshore alternatives.

Cost-efficiency is a major factor. Onshore wind projects are significantly less expensive to develop, construct, and maintain than offshore wind farms. Offshore installations require specialized vessels, undersea cabling, and corrosion-resistant equipment, all of which drive up capital expenditure. In contrast, onshore turbines can be transported and installed using existing road and logistics infrastructure, making them more attractive for developers and investors operating within budget constraints.

India has abundant onshore wind resources across several states including Tamil Nadu, Gujarat, Maharashtra, Karnataka, and Rajasthan. These regions offer consistent wind speeds, favorable topography, and large expanses of suitable land. The government has already mapped high-potential wind zones, and many of these areas are equipped with grid connectivity and transmission capacity, further streamlining project implementation.

Policy and regulatory frameworks in India have been historically focused on promoting onshore wind development. Incentives such as accelerated depreciation, generation-based incentives (GBI), and competitive bidding mechanisms have encouraged rapid capacity additions in the onshore segment. State-level renewable energy targets and procurement mandates by DISCOMs (distribution companies) have also largely concentrated on onshore wind.


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Regional Insights

South India held the largest market share in 2025. South India dominated the Indian wind turbine market due to a combination of favorable geographical, climatic, and infrastructural factors that create an ideal environment for wind energy generation. States such as Tamil Nadu, Karnataka, Andhra Pradesh, and Telangana have consistently been at the forefront of wind power development, contributing a significant portion of the country’s installed wind capacity.

South India benefits from strong and consistent wind resources, especially along the coastal and inland hilly regions. Tamil Nadu, in particular, has some of the highest wind speeds in the country, averaging 6 to 7 meters per second in many locations, which makes it highly suitable for efficient wind turbine operation. The topography, including the Western Ghats and the coastal plains, creates natural wind corridors that amplify wind flow, further enhancing energy generation potential.

The region has a long history of wind energy development dating back to the 1990s. Early investments and supportive state policies helped establish a robust wind energy infrastructure, including wind farms, manufacturing facilities, and skilled labor. Tamil Nadu’s proactive approach with incentives, expedited clearances, and attractive tariffs has encouraged both domestic and international investors to focus on this region. Additionally, South India has relatively better grid connectivity and infrastructure to evacuate power from wind farms to consumption centers. The presence of industrial hubs and urban centers nearby creates strong local demand for renewable energy, facilitating smoother integration of wind power into the grid.

The maturity of the wind market in South India has also led to the development of ancillary industries such as component manufacturing, maintenance services, and research institutions focused on wind technology, further strengthening the ecosystem.

Recent Developments

  • In March 2025, Freen OÜ has introduced a new 15kW horizontal-axis small wind turbine designed for efficient, renewable energy generation. This latest model targets small-scale applications, providing a reliable and sustainable power solution for residential, commercial, and remote locations. The turbine features advanced technology to maximize energy capture while maintaining low noise levels and durability. With its compact design and high performance, Freen OÜ’s 15kW turbine aims to support the growing demand for clean energy in diverse environments.
  • In October 2024, China’s Envision has launched a new 5MW wind turbine specifically designed for the Indian market. This high-capacity turbine aims to meet India’s growing demand for efficient and reliable renewable energy solutions. Featuring advanced technology and optimized for India’s diverse wind conditions, the turbine offers enhanced performance and greater energy output. Envision’s introduction of this 5MW model supports the country’s renewable energy goals and strengthens its position in India’s expanding wind power sector.
  • In September 2024, Senvion has secured an order for 210 MW of its 4 MW wind turbines, marking a significant boost for the company. This order highlights Senvion’s strong presence in the wind energy market and its capability to deliver high-capacity turbines. The 4 MW models are known for their efficiency and reliability, making them ideal for large-scale wind projects. This contract reinforces Senvion’s role in advancing renewable energy capacity and supporting sustainable power generation worldwide.

Key Market Players

  • Vestas Wind Systems A/S
  • Siemens Gamesa Renewable Energy, S.A.
  • General Electric Company (GE Renewable Energy)
  • Nordex SE
  • Goldwind Science & Technology Co., Ltd.
  • Envision Energy
  • Suzlon Energy Limited
  • Mingyang Smart Energy Group Co., Ltd.

By Type

By Installation

By Component

By Application

By Rating

By Region

  • Horizontal-Axis Turbine
  • Vertical-Axis Turbine
  • Offshore
  • Onshore
  • Foundation
  • Tower
  • Rotor
  • Generator
  • Nacelle
  • Others
  • Industrial
  • Commercial
  • Residential
  • Utilities
  • <100KW
  • 100KW to 250KW
  • 250KW to 500KW
  • 500KW to 1MW
  • 1MW to 2MW
  • >2MW
  • South India
  • North India
  • West India
  • East India

Report Scope:

In this report, the India Wind Turbine Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • India Wind Turbine Market, By Type:

o   Horizontal-Axis Turbine

o   Vertical-Axis Turbine

  • India Wind Turbine Market, By Installation:

o   Offshore

o   Onshore

  • India Wind Turbine Market, By Component:

o   Foundation

o   Tower

o   Rotor

o   Generator

o   Nacelle

o   Others

  • India Wind Turbine Market, By Application:

o   Industrial

o   Commercial

o   Residential

o   Utilities

  • India Wind Turbine Market, By Rating:

o   <100KW

o   100KW to 250KW

o   250KW to 500KW

o   500KW to 1MW

o   1MW to 2MW

o   >2MW

  • India Wind Turbine Market, By Region:

o   South India

o   North India

o   West India

o   East India

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the India Wind Turbine Market.

Available Customizations:

India Wind Turbine Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

India Wind Turbine Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]  

Table of content

Table of content

1.         Product Overview

1.1.     Market Definition

1.2.     Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.3.     Key Market Segmentations

2.         Research Methodology

2.1.     Objective of the Study

2.2.     Baseline Methodology

2.3.     Formulation of the Scope

2.4.     Assumptions and Limitations

2.5.     Sources of Research

2.5.1. Secondary Research

2.5.2. Primary Research

2.6.     Approach for the Market Study

2.6.1. The Bottom-Up Approach

2.6.2. The Top-Down Approach

2.7.     Methodology Followed for Calculation of Market Size & Market Shares

2.8.     Forecasting Methodology

2.8.1. Data Triangulation & Validation

3.         Executive Summary

3.1.     Overview of the Market

3.2.     Overview of Key Market Segmentations

3.3.     Overview of Key Market Players

3.4.     Overview of Key Regions/Countries

3.5.     Overview of Market Drivers, Challenges, and Trends

4.         Voice of Customer

5.         India Wind Turbine Market Outlook

5.1.     Market Size & Forecast

5.1.1. By Value

5.2.     Market Share & Forecast

5.2.1. By Type (Horizontal-Axis Turbine, Vertical-Axis Turbine)

5.2.2. By Installation (Offshore, Onshore)

5.2.3. By Component (Foundation, Tower, Rotor, Generator, Nacelle, Others)

5.2.4. By Application (Industrial, Commercial, Residential, Utilities)

5.2.5. By Rating (<100KW, 100KW to 250KW, 250KW to 500KW, 500KW to 1MW, 1MW to 2MW, >2MW)

5.2.6. By Region (South India, North India, West India, East India)

5.2.7. By Company (2025)

5.3.     Market Map

6.         South India Wind Turbine Market Outlook

6.1.     Market Size & Forecast

6.1.1. By Value

6.2.     Market Share & Forecast

6.2.1. By Type

6.2.2. By Installation

6.2.3. By Component

6.2.4. By Application

6.2.5. By Rating

7.         North India Wind Turbine Market Outlook

7.1.     Market Size & Forecast

7.1.1. By Value

7.2.     Market Share & Forecast

7.2.1. By Type

7.2.2. By Installation

7.2.3. By Component

7.2.4. By Application

7.2.5. By Rating

8.         West India Wind Turbine Market Outlook

8.1.     Market Size & Forecast

8.1.1. By Value

8.2.     Market Share & Forecast

8.2.1. By Type

8.2.2. By Installation

8.2.3. By Component

8.2.4. By Application

8.2.5. By Rating

9.         East India Wind Turbine Market Outlook

9.1.     Market Size & Forecast

9.1.1. By Value

9.2.     Market Share & Forecast

9.2.1. By Type

9.2.2. By Installation

9.2.3. By Component

9.2.4. By Application

9.2.5. By Rating

10.      Market Dynamics

10.1.  Drivers

10.2.  Challenges

11.      Market Trends & Developments

11.1.  Merger & Acquisition (If Any)

11.2.  Product Launches (If Any)

11.3.  Recent Developments

12.      Policy and Regulatory Landscape

13.      India Economic Profile

14.      Company Profiles

14.1.  Vestas Wind Systems A/S

14.2.  Siemens Gamesa Renewable Energy, S.A.

14.3.  General Electric Company (GE Renewable Energy)

14.4.  Nordex SE

14.5.  Goldwind Science & Technology Co., Ltd.

14.6.  Envision Energy

14.7.  Suzlon Energy Limited

14.8.  Mingyang Smart Energy Group Co., Ltd.

15.      Strategic Recommendations

16.   About Us & Disclaimer

Figures and Tables

Frequently asked questions

Frequently asked questions

The market size of the India Wind Turbine Market was USD 3.18 Billion in 2025.

In 2025, Utilities dominated the Indian wind turbine market due to their large-scale energy demand, financial capacity, and ability to invest in extensive wind farms. They drive grid-connected renewable energy projects, benefiting from government incentives and policy support, making utility-scale wind power the backbone of India’s clean energy transition

Major challenges for the India wind turbine market include land acquisition difficulties, inadequate transmission infrastructure, policy and regulatory uncertainties, and financial risks from delayed payments. Additionally, grid integration issues and variable wind patterns hinder consistent energy supply, affecting project viability and investor confidence in the sector.

Major drivers of the India wind turbine market include strong government policies and incentives, abundant wind resources, rising electricity demand, and advancements in turbine technology. These factors collectively promote renewable energy adoption, reduce costs, and enhance grid integration, positioning wind power as a key contributor to India’s sustainable energy future.

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