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
|
|
- 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]