India Wind Energy Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

India Wind Energy Market Trends and Insights

Accelerated Hybrid Renewable Auctions Bundling Wind with Solar Enhancing Capacity Utilisation in Tamil Nadu & Gujarat

Hybrid tenders accounted for 43% of all renewable auctions in 2024, up from 16% in 2020. Tariffs of ₹2.58-2.67 / kWh in Gujarat and Tamil Nadu demonstrate cost competitiveness, while capacity-utilisation factors above 60% meet round-the-clock requirements for commercial consumers. Operational hybrid capacity stood at 7.7 GW in 2025 with a 30 GW pipeline, and NTPC’s recent 1.2 GW award signals strong institutional backing. The approach enhances grid-stability by matching complementary generation profiles, ensuring that the India wind energy market maintains robust demand across volatile load curves.

Viability-Gap Funding for Initial 4 GW Offshore Wind Round in Gujarat Catalyst for Supply-Chain Investments

The Union Cabinet’s ₹74.53 billion package, including ₹6 billion for ports, narrows the tariff gap between onshore and offshore projects. Gujarat’s Gulf of Khambhat and Tamil Nadu’s coast jointly offer 70 GW technical potential, positioning offshore wind as a long-term diversification pillar. Port upgrades and dedicated evacuation corridors accelerate supply-chain localisation for monopiles, transition pieces, and HVDC export lines. As a result, the India wind energy market secures a foundation for high-capacity-factor assets that complement solar-heavy daytime generation.

Repowering Scheme Opening 5–15 GW of Ageing Wind Farms for High-Capacity Turbines

Tamil Nadu’s repowering policy, valid until March 2030, mandates a 1.25× energy output increase, while MNRE’s revised national guidelines incentivise replacement of ≤1 MW turbines. Financial institutions now extend identical terms to repowering and greenfield projects, improving bankability. Converting legacy sites into wind-solar hybrids optimises land and grid utilisation, unlocking 5–15 GW of latent capacity that boosts the India wind energy market during the forecast window.

Green Hydrogen Policy Driving Demand for High-Load-Factor Wind Power in Industrial Clusters

The National Green Hydrogen Mission targets 5 million t annual output by 2030 and allocates ₹3.13 lakh crore to power supply. Fertiliser and refining hubs in Gujarat, Maharashtra, and Odisha require steady electricity to keep electrolyser efficiency high, making wind an attractive source. Dedicated wind farms can cut hydrogen production costs from ₹4-5 / kg toward parity with grey hydrogen, positioning the India wind energy market as a cornerstone of industrial decarbonisation.

Land Allotment Freeze in Karnataka & Maharashtra Slowing Onshore Pipeline

State-level land-bank depletion constrains project execution timelines despite Karnataka adding 1,135 MW in 2024. Regulatory reforms around open access improve downstream offtake, yet multi-agency clearances for land conversion remain protracted. Competing solar bids further tighten suitable parcels. These bottlenecks could slow the build-rate for the India wind energy market until additional land-leasing frameworks are finalised.

Delayed Grid Evacuation Corridors for Offshore Wind at Gulf of Khambhat

Sub-sea cables and high-voltage links for the Gulf of Khambhat are trailing project timelines, exposing developers to offtake uncertainty. Although ₹6 billion is earmarked for port upgrades, integrated transmission planning is required to handle 37 GW of offshore capacity by 2030. Without accelerated approvals, grid congestion risks could postpone commissioning, moderating near-term additions to the India wind energy market.

Segment Analysis

By Sector: Offshore emergence challenges onshore dominance

Onshore capacity accounted for 100% India wind energy market share in 2024, supported by 18 GW of annual domestic turbine manufacturing capacity and competitive tariffs between ₹2.68-3.6 / kWh. Offshore wind, although at a nascent stage, is forecast to expand at 35% CAGR, underpinned by the ₹74.53 billion funding scheme and superior capacity factors exceeding 40%. As a result, the India wind energy market size for offshore projects could rise from a negligible base to a double-digit gigawatt level by 2030.

Higher capital intensity and specialised logistics keep offshore levelised costs near ₹9-12 / kWh without subsidies. The draft 64% domestic-content rule strengthens onshore economics while seeding local supply chains for offshore foundations and arrays. Over time, scale economies and port-led manufacturing clusters are expected to narrow cost gaps, allowing the India wind energy market to transition toward a balanced on-offshore mix in the next decade.

Note: Segment share of all individual segment available on report purchase

Geography Analysis

Regional deployment remains concentrated, with Gujarat, Karnataka, and Tamil Nadu accounting for 98% of 2024 additions. Gujarat’s 1,250 MW lead is attributed to resource quality, investor-friendly tariffs, and hybrid-auction success. The state also anchors offshore potential with 36 GW identified, making it pivotal to the future India wind energy market size at the national level.

Karnataka contributed 1,135 MW but faces land tenure hurdles that could taper growth until revised acquisition norms take effect. Tamil Nadu added 980 MW and enacted a repowering scheme covering its 10,790 MW legacy fleet, positioning the state for a second-wave build cycle. Rajasthan, with 5,195.82 MW installed, is the fastest-growing emerging state, boasting an 18.6% CAGR outlook backed by green-corridor build-out.

Maharashtra and Andhra Pradesh occupy mixed trajectories. Maharashtra balances solar targets with wind land constraints, while Andhra Pradesh’s 30% banking regulation improves developer cash-flows. Seven states—Odisha, Maharashtra, Tamil Nadu, Uttar Pradesh, Rajasthan, Gujarat, and Andhra Pradesh—collectively hold 92% of green-hydrogen potential, ensuring that geographically dispersed industrial demand supports expansion of the India wind energy market through 2030.

Competitive Landscape