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India Onshore Wind Energy Market

ID: MRFR/EnP/53850-HCR
200 Pages
MRFR Team
April 2026

India Onshore Wind Energy Market Research Report: By Turbine Type (Horizontal Axis Wind Turbine, Vertical Axis Wind Turbine, Small Wind Turbine, Offshore Turbine, Distributed Wind Turbine), By Technology (Gear Drive Technology, Direct Drive Technology, Superconducting Technology, Variable Speed Technology), By Installation Type (Onshore Installations, Hybrid Installations, Repowering Installations) andBy Application (Utility Scale, Community Scale, Distributed Generation)- Forecast to 2035

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India Onshore Wind Energy Market Summary

As per MRFR analysis, the India Onshore Wind Energy Market Size was estimated at 3.47 USD Billion in 2024. The India Onshore Wind Energy industry is projected to grow from 3.61 USD Billion in 2025 to 5.36 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 4.03 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The India Onshore Wind Energy Market is poised for substantial growth driven by policy support and technological advancements.

  • The market is characterized by increased policy support aimed at enhancing renewable energy capacity.
  • Technological advancements are facilitating more efficient wind turbine designs, thereby improving energy output.
  • The largest segment in the market is driven by local manufacturing growth, while the fastest-growing segment focuses on innovative energy solutions.
  • Key market drivers include increased investment in renewable energy and a favorable regulatory framework that supports growth.

Market Size & Forecast

2024 Market Size 3.47 (USD Billion)
2035 Market Size 5.36 (USD Billion)
CAGR (2025 - 2035) 4.03%

Major Players

Siemens Gamesa Renewable Energy (ES), GE Renewable Energy (US), Vestas Wind Systems (DK), Suzlon Energy Limited (IN), Tata Power Renewable Energy Limited (IN), Adani Green Energy Limited (IN), ReNew Power (IN), Nordex SE (DE)

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Enabled $4.3B Revenue Impact for Fortune 500 and Leading Multinationals
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India Onshore Wind Energy Market Trends

The India Onshore Wind Energy Market is currently experiencing a transformative phase, characterized by a growing emphasis on renewable energy sources. The government has set ambitious targets for wind energy capacity, aiming to enhance energy security and reduce reliance on fossil fuels. This shift is driven by a combination of policy support, technological advancements, and increasing awareness of environmental sustainability. As a result, investments in wind energy projects are on the rise, with both domestic and international players showing keen interest in this sector. Furthermore, the integration of innovative technologies is likely to improve efficiency and reduce costs, making wind energy a more viable option for electricity generation. In addition to policy initiatives, the India Onshore Wind Energy Market is witnessing a surge in local manufacturing capabilities. This development is expected to bolster the supply chain and create job opportunities within the country. Moreover, the focus on grid connectivity and infrastructure development is crucial for the effective harnessing of wind energy resources. As the market evolves, it appears that collaboration between various stakeholders, including government bodies, private enterprises, and research institutions, will play a pivotal role in shaping the future landscape of wind energy in India.

Increased Policy Support

The Indian government has introduced various policies aimed at promoting the development of wind energy. These initiatives include financial incentives, streamlined regulatory processes, and long-term power purchase agreements. Such measures are likely to encourage investments and facilitate the growth of the India Onshore Wind Energy Market.

Technological Advancements

Innovations in turbine design and energy storage solutions are emerging as key drivers in the India Onshore Wind Energy Market. Enhanced efficiency and reliability of wind turbines, along with improved grid integration technologies, may lead to a more robust energy generation framework.

Local Manufacturing Growth

The emphasis on local manufacturing of wind energy components is gaining traction in India. This trend not only aims to reduce dependency on imports but also seeks to create employment opportunities and stimulate economic growth within the renewable energy sector.

India Onshore Wind Energy Market Drivers

Technological Innovations

Technological advancements are playing a pivotal role in shaping the India Onshore Wind Energy Market. Innovations in turbine design, such as larger rotor diameters and higher efficiency ratings, are enabling wind farms to generate more electricity at lower costs. The average capacity of wind turbines in India has increased significantly, with many new installations featuring turbines with capacities exceeding 2 MW. Moreover, the integration of digital technologies, such as predictive maintenance and data analytics, is enhancing operational efficiency and reducing downtime. As the industry continues to embrace these technological innovations, it is likely to see improved performance and competitiveness in the renewable energy landscape.

Enhanced Grid Infrastructure

The development of robust grid infrastructure is crucial for the India Onshore Wind Energy Market. As wind energy generation increases, the need for efficient transmission and distribution systems becomes paramount. The government is investing in upgrading the grid to accommodate the influx of renewable energy sources. Initiatives such as the Green Energy Corridor aim to facilitate the integration of wind and solar power into the national grid. As of February 2026, these enhancements are likely to improve grid reliability and reduce transmission losses, thereby making wind energy a more attractive option for both producers and consumers. This improved infrastructure is expected to support the long-term growth of the wind energy sector.

Favorable Regulatory Framework

The regulatory environment surrounding the India Onshore Wind Energy Market appears to be increasingly favorable, with various policies aimed at promoting wind energy. The introduction of the National Wind-Solar Hybrid Policy aims to optimize the use of land and resources, potentially leading to more efficient energy generation. Additionally, state-level policies, such as feed-in tariffs and renewable purchase obligations, are designed to encourage investments in wind energy. As of February 2026, the government is also working on simplifying the approval process for wind projects, which could further enhance the ease of doing business in this sector. This supportive regulatory framework is likely to stimulate growth and attract new entrants into the market.

Growing Demand for Clean Energy

The increasing demand for clean and sustainable energy sources is a key driver for the India Onshore Wind Energy Market. With a population exceeding 1.4 billion, India faces a pressing need to diversify its energy mix and reduce reliance on fossil fuels. The government has recognized this necessity and is actively promoting wind energy as a viable alternative. As of February 2026, public awareness regarding climate change and environmental sustainability is on the rise, leading to greater acceptance of renewable energy solutions. This growing demand is expected to propel investments in wind energy projects, thereby contributing to the overall growth of the market.

Increased Investment in Renewable Energy

The India Onshore Wind Energy Market is witnessing a surge in investments, driven by both domestic and international players. The government has set an ambitious target of achieving 175 GW of renewable energy capacity by 2022, which includes 60 GW from wind energy. As of February 2026, the installed wind power capacity stands at approximately 42 GW, indicating a robust growth trajectory. This influx of capital is likely to enhance the development of wind projects across various states, particularly in regions with high wind potential such as Tamil Nadu and Gujarat. Furthermore, financial incentives and subsidies provided by the government are expected to attract more investors, thereby bolstering the overall market landscape.

Market Segment Insights

By Application: Power Generation (Largest) vs. Grid Integration (Fastest-Growing)

In the India Onshore Wind Energy Market, the Power Generation segment holds the largest market share, driven by an increasing demand for renewable energy sources and government support for wind projects. This segment has established its dominance due to the rising number of onshore wind farms across the country, contributing significantly to India’s energy mix. Meanwhile, the Grid Integration segment is experiencing rapid growth as it focuses on enhancing the efficiency of electricity delivery from wind turbines to the grid. The need for advanced grid solutions is exacerbating the growth of this area, particularly with the rise in decentralized energy generation.

Power Generation (Dominant) vs. Grid Integration (Emerging)

The Power Generation segment remains the cornerstone of the India Onshore Wind Energy Market, benefiting from extensive investments and a favorable regulatory environment. This segment is characterized by established technologies and large-scale projects that harness wind resources effectively. In contrast, the Grid Integration segment, though emerging, plays a critical role in accommodating the increasing power supply from wind energy. It encompasses various technologies aimed at ensuring seamless integration into existing electricity networks. Innovations such as smart grids and energy management systems are at the forefront of this segment's development, promoting reliability and flexibility in power delivery.

By Technology Type: Horizontal Axis Wind Turbine (Largest) vs. Vertical Axis Wind Turbine (Fastest-Growing)

In the India Onshore Wind Energy Market, the segment analysis reveals that Horizontal Axis Wind Turbines (HAWT) dominate the market due to their efficiency and established technology. They account for the largest share of installations, driven by technological advancements and favorable government policies. In contrast, Vertical Axis Wind Turbines (VAWT), while currently holding a smaller market share, are emerging as a faster-growing alternative, appealing to urban settings and distributed generation systems. The growth trend in this segment is propelled by increasing awareness of renewable energy sources and technological innovations in turbine design. HAWTs continue to benefit from scale economies and optimized performance, while VAWTs are gaining traction due to their ability to operate in turbulent wind conditions, making them suitable for a broader range of installations.

Technology: Horizontal Axis Wind Turbine (Dominant) vs. Vertical Axis Wind Turbine (Emerging)

Horizontal Axis Wind Turbines (HAWT) are recognized as the dominant technology in the India Onshore Wind Energy Market, characterized by their high efficiency, reliability, and larger size, suitable for utility-scale projects. They are often installed in clusters to maximize energy capture, contributing significantly to the country's renewable energy targets. In contrast, Vertical Axis Wind Turbines (VAWT) are considered an emerging technology, offering advantages in urban areas where space is limited and wind conditions are variable. VAWTs possess a unique design that allows them to capture wind from any direction, making them more versatile than traditional turbines. As the demand for renewable solutions grows, innovation in VAWT technology is expected to foster greater adoption in diverse applications.

By Capacity: 2 to 5 Megawatts (Largest) vs. Below 1 Megawatt (Fastest-Growing)

In the India Onshore Wind Energy Market, the capacity segments show a diverse distribution of market share. The 2 to 5 Megawatts segment holds the largest share, benefiting from widespread adoption by both utility-scale developers and independent power producers. In contrast, the Below 1 Megawatt segment, though smaller in total share, is rapidly gaining traction as smaller renewable projects and decentralized energy solutions become more appealing to investors and rural communities.

Capacity: 2 to 5 Megawatts (Dominant) vs. Below 1 Megawatt (Emerging)

The 2 to 5 Megawatts capacity segment is predominant in the India Onshore Wind Energy Market, primarily due to its scalability and efficiency, making it ideal for large wind farms and energy generation. This segment is favored by investors looking for high returns and stable energy output. Conversely, the Below 1 Megawatt segment is emerging as a favored choice for localized energy solutions, particularly in remote areas. This segment's growth is driven by governmental incentives for small-scale wind projects and the increasing demand for renewable energy in off-grid applications. Both segments cater to distinct market needs while contributing to India's renewable energy goals.

By Ownership Type: Private Sector (Largest) vs. Cooperative Sector (Fastest-Growing)

In the India Onshore Wind Energy Market, the ownership type segment is primarily dominated by the Private Sector, which holds a substantial market share. This dominance is attributed to the significant investments made by private entities in wind energy projects, which have surged over the years due to favorable government policies and financial incentives. In contrast, the Cooperative Sector, while smaller in market share, is witnessing rapid growth as more communities recognize the benefits of renewable energy and seek to establish their own wind energy initiatives.

Private Sector (Dominant) vs. Cooperative Sector (Emerging)

The Private Sector has established itself as the dominant force within the Indian onshore wind energy landscape, characterized by large-scale projects and substantial investments from private companies. These companies benefit from advanced technology and operational efficiencies, allowing them to capitalize on economies of scale. Conversely, the Cooperative Sector represents an emerging segment, reflecting a growing trend towards local ownership and community-driven projects. Cooperatives are gaining traction due to rising public awareness about sustainable energy and a desire for energy independence, providing a unique opportunity for localized development and community engagement.

Get more detailed insights about India Onshore Wind Energy Market

Key Players and Competitive Insights

The India Onshore Wind Energy Market is characterized by a dynamic competitive landscape, driven by increasing energy demands and a strong governmental push towards renewable energy sources. Key players such as Siemens Gamesa Renewable Energy (ES), GE Renewable Energy (US), and Suzlon Energy Limited (IN) are strategically positioned to leverage technological advancements and regional expansion. Siemens Gamesa, for instance, focuses on innovation in turbine technology, while GE Renewable Energy emphasizes digital transformation to enhance operational efficiency. These strategies collectively shape a competitive environment that is increasingly focused on sustainability and technological prowess.

In terms of business tactics, companies are localizing manufacturing to reduce costs and optimize supply chains. The market appears moderately fragmented, with several players vying for market share. However, the collective influence of major companies like Tata Power Renewable Energy Limited (IN) and Adani Green Energy Limited (IN) is notable, as they engage in strategic partnerships and collaborations to enhance their market presence and operational capabilities.

In January 2026, Tata Power Renewable Energy Limited (IN) announced a significant partnership with a leading technology firm to develop AI-driven solutions for wind farm management. This strategic move is likely to enhance operational efficiency and reduce maintenance costs, positioning Tata Power as a frontrunner in the integration of advanced technologies within the sector. Such initiatives may set a precedent for other players in the market, emphasizing the importance of technological integration.

In December 2025, Suzlon Energy Limited (IN) secured a major contract for the installation of 300 MW of wind capacity in Maharashtra. This contract not only reinforces Suzlon's market position but also highlights the growing demand for renewable energy solutions in India. The successful execution of this project could potentially enhance Suzlon's reputation and attract further investments, thereby strengthening its competitive edge.

In November 2025, GE Renewable Energy (US) launched a new series of high-efficiency wind turbines designed specifically for the Indian market. This product launch is indicative of GE's commitment to innovation and its strategic focus on meeting local energy needs. By tailoring its offerings to the specific requirements of the Indian market, GE is likely to enhance its competitive positioning and drive growth in the region.

As of February 2026, current competitive trends in the India Onshore Wind Energy Market are increasingly defined by digitalization, sustainability, and the integration of AI technologies. Strategic alliances among key players are shaping the landscape, fostering innovation and collaboration. The shift from price-based competition to a focus on technological advancement and supply chain reliability is evident. Moving forward, competitive differentiation will likely hinge on the ability to innovate and adapt to evolving market demands, underscoring the importance of strategic foresight in this rapidly changing environment.

Key Companies in the India Onshore Wind Energy Market include

Industry Developments

The India Onshore Wind Energy Market has witnessed significant developments in recent months. In August 2023, Advent International Corporation announced the acquisition of a majority stake in Gamesa Wind Turbines, strengthening its position in India's renewable energy sector. This acquisition aims to bolster the production capacity and innovation in wind turbine technology in the country. L&T Green Power is also reportedly expanding its footprint with new projects to enhance its wind energy portfolio. Meanwhile, Adani Green Energy continues its push towards renewable sources and has secured funding for various wind power initiatives. In the competitive landscape, GE Renewable Energy has introduced advanced wind turbine models tailored for Indian conditions, enhancing efficiency and energy generation. The Indian Energy Exchange recently reported a rise in wind energy's contribution to the grid, reflecting a robust demand for clean energy solutions. As of October 2023, market valuations for companies like ReNew Power and Suzlon Energy have seen growth, underscoring the bullish sentiment in the wind energy sector in India. Overall, these developments indicate a rapidly evolving landscape where sustainable energy production is becoming increasingly integral to India's energy mix.

Future Outlook

India Onshore Wind Energy Market Future Outlook

The India Onshore Wind Energy Market is projected to grow at a 4.03% CAGR from 2024 to 2035, driven by technological advancements, policy support, and increasing energy demand.

New opportunities lie in:

  • Development of hybrid renewable energy systems
  • Investment in advanced wind turbine technology
  • Expansion of maintenance and service contracts for wind farms

By 2035, the market is expected to be robust, driven by sustainable energy initiatives.

Market Segmentation

India Onshore Wind Energy Market Capacity Outlook

  • Below 1 Megawatt
  • 1 to 2 Megawatts
  • 2 to 5 Megawatts
  • Above 5 Megawatts

India Onshore Wind Energy Market Application Outlook

  • Power Generation
  • Energy Storage
  • Grid Integration
  • Offshore Wind Integration

India Onshore Wind Energy Market Ownership Type Outlook

  • Public Sector
  • Private Sector
  • Cooperative Sector
  • Community Ownership

India Onshore Wind Energy Market Technology Type Outlook

  • Horizontal Axis Wind Turbine
  • Vertical Axis Wind Turbine
  • Hybrid Wind Technology
  • Small Wind Turbine

Report Scope

MARKET SIZE 20243.47(USD Billion)
MARKET SIZE 20253.61(USD Billion)
MARKET SIZE 20355.36(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)4.03% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledSiemens Gamesa Renewable Energy (ES), GE Renewable Energy (US), Vestas Wind Systems (DK), Suzlon Energy Limited (IN), Tata Power Renewable Energy Limited (IN), Adani Green Energy Limited (IN), ReNew Power (IN), Nordex SE (DE)
Segments CoveredApplication, Technology Type, Capacity, Ownership Type
Key Market OpportunitiesExpansion of renewable energy targets enhances investment potential in the India Onshore Wind Energy Market.
Key Market DynamicsIntensifying competition and regulatory support drive growth in India's onshore wind energy sector.
Countries CoveredIndia
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FAQs

What is the current valuation of the India Onshore Wind Energy Market?

<p>As of 2024, the market valuation was 3.47 USD Billion.</p>

What is the projected market size for the India Onshore Wind Energy Market by 2035?

<p>The market is expected to reach a valuation of 5.36 USD Billion by 2035.</p>

What is the expected CAGR for the India Onshore Wind Energy Market during the forecast period?

<p>The market is projected to grow at a CAGR of 4.03% from 2025 to 2035.</p>

Which companies are the key players in the India Onshore Wind Energy Market?

<p>Key players include Siemens Gamesa Renewable Energy, GE Renewable Energy, and Vestas Wind Systems, among others.</p>

What are the main segments of the India Onshore Wind Energy Market?

<p>The market segments include applications, technology types, capacity, and ownership types.</p>

How much is the Power Generation segment valued at in 2026?

<p>The Power Generation segment is valued at approximately 2.66 USD Billion in 2026.</p>

What is the valuation of the Private Sector in the India Onshore Wind Energy Market?

<p>The Private Sector is projected to be valued at around 2.7 USD Billion in 2026.</p>

What is the expected valuation for the Horizontal Axis Wind Turbine segment by 2035?

<p>The Horizontal Axis Wind Turbine segment is anticipated to reach a valuation of 2.63 USD Billion by 2035.</p>

What is the projected value of the 2 to 5 Megawatts capacity segment in 2026?

<p>The 2 to 5 Megawatts capacity segment is expected to be valued at approximately 2.2 USD Billion in 2026.</p>

What is the anticipated growth for the Community Ownership segment by 2035?

<p>The Community Ownership segment is likely to grow to a valuation of 0.66 USD Billion by 2035.</p>

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