India Wind Power Market Size to Reach 127.9 GW by 2033 - Industry Growing at a CAGR of 11.04%

India Wind Power Market 2025-2033

According to IMARC Group's report titled "India Wind Power Market Report by Location (Onshore, Offshore), and Region 2025-2033", The report offers a comprehensive analysis of the industry, including market share, growth, trends, and regional insights.

How Big is the India Wind Power Industry ?

The India wind power market size was valued at 49.8 GW in 2024 and is expected to reach 127.9 GW by 2033, exhibiting a growth rate (CAGR) of 11.04% during 2025-2033.

India Wind Power Market Trends:

Technology is enhancing India's wind power industry, having policy support coming right behind it. One such example is the hybrid transition, wherein wind farms are integrated with solar plus storage arrangements, among contain several other combinations, to maintain grid stability and maximize renewable power output. There are also other spin-offs that include setting up repowering of wind turbines through which one increases the pace of replacement of outdated infrastructure with modern, high-capacity, and efficient energy harvesting wind power systems. Meanwhile, floating offshore wind may very well be seen as a game-changer, with pilot projects plowing through India's extensive coastline looking for untapped wind resources.

This decentralized nature of wind power may perhaps bring rural communities empowered, with small-scale turbines for agriculture and industry essentially promoting corporate procurement for renewables and furtherance of growth by whereby corporates are committing to wind energy through PPAs for sustainable development. Of course, this was an era where digitalization and AI-driven predictive maintenance stepped forward for improved wind turbine performance optimization and rejection minimization through real-time monitoring and analytics. Tender processes continue when conducted by state governments, multinational corporations and domestic companies have been collaborating to get involved in large-scale wind power projects.

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India Wind Power Market Scope and Growth Analysis:

India's wind power market is said to be quite enormous given the ambitious renewable energy targets in the country and suitable conditions afforded for wind power generation. Also, the need for clean power from the industrial and commercial sectors pushes investments into wind power projects mainly in those states where wind potential is high. In a way, incentives provided by the government, such as accelerated depreciation and generation-based incentives, have kept developers engaged in the power sector, whereas feed-in tariffs are long being phased out. Development of wind-solar hybrid parks is opening newer opportunities as these solve the intermittency concern and land optimization issues.

Basically, while onshore wind potential is massive, offshore wind is set to be another big growth avenue with feasibility studies underway in the coastal areas. Augmentation of transmission infrastructure would also aid opportunities for growth and better integration of wind power into the national grid. With the collision of policy support, technology innovation, and private capital, India will foresee long-term growth potential for wind power as the next big thrust for sustainable energy transition in tandem with its commitment toward energy transition and climate targets.

India Wind Power Industry Segmentation:

The report has segmented the market into the following categories:

Location Insights:

• Onshore
• Offshore

Regional Insights:

• North India
• West and Central India
• South India
• East and Northeast India

Competitor Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

Other key areas covered in the report:

• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Strategic Recommendations
• Market Dynamics
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape
• Top Winning Strategies
• Recent Industry News
• Key Technological Trends & Development

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Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Explore More Research Reports & Get Your Free Sample Now:

• India Floating Wind Turbine Market: https://www.imarcgroup.com/india-floating-wind-turbine-market/requestsample

• India Offshore Wind Power Market: https://www.imarcgroup.com/india-offshore-wind-power-market/requestsample

• India Wind Turbine Components Market: https://www.imarcgroup.com/india-wind-turbine-components-market/requestsample

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