Jakson Solar plans to invest up to ₹5,000 crore to build 3 gigawatts (GW) each of solar cell and solar ingot-wafer manufacturing capacity, expanding beyond module production as India works to deepen its domestic renewable-energy supply chain.
Managing Director Ivan Saha said the company aims to commission its 3 GW solar cell manufacturing capacity by December 2027. The planned ingot and wafer facilities are targeted for completion by the third quarter of financial year 2028, according to the company executive, who was speaking on the sidelines of the Renewable Energy India Expo.
The proposed facilities will primarily serve the merchant market, Saha said. Jakson Solar has already secured equipment procurement tie-ups for the manufacturing expansion, indicating that the company has begun preparing for the next stages of capacity creation.
The investment would extend Jakson Solar’s existing presence in the photovoltaic manufacturing chain. The company currently operates a 1.2 GW solar module-making plant, but the new plan would add upstream production of cells, ingots and wafers. These components are important stages in the manufacture of solar modules and are central to efforts to reduce reliance on imported inputs.
Saha said developing a domestic manufacturing ecosystem across the solar chain was necessary to avoid potential supply shocks. The proposed expansion comes as India is seeking to build greater control over the equipment and materials needed for its solar-energy programme.
India has already mandated the use of domestically manufactured solar modules and cells in specified parts of the renewable-energy market. The government has also laid out a framework to extend local-content requirements to solar ingots and wafers from June 1, 2028. The policy direction is intended to deepen domestic manufacturing and reduce import dependence on China.
The timing of Jakson Solar’s proposed upstream capacity broadly aligns with that policy transition. The company expects its solar cell capacity to be operational several months before the planned local-content framework for ingots and wafers takes effect, while its ingot-wafer facilities are targeted for commissioning in the third quarter of financial year 2028.
The expansion also comes against the backdrop of India’s longer-term clean-energy commitments. The country is counting on solar power to help achieve its target of reaching net-zero emissions by 2070, increasing the importance of manufacturing capacity alongside the development of solar-generation projects.
The company has not disclosed in the supplied announcement the locations of the proposed facilities, the investment split between the three manufacturing segments, or the number of jobs expected to be created. Its stated next milestones are the commissioning of 3 GW of cell capacity by December 2027 and the planned completion of 3 GW of ingot-wafer capacity in the third quarter of financial year 2028.
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