India's solar manufacturing capacity nearly doubled in 2024, reaching 25.3 GW, driven by the PLI scheme and a shift towards higher-value TOPCon cells. Despite this growth, India still imported significant module and cell quantities, with limited upstream integration in polysilicon and wafer production. While clean energy attracts substantial foreign investment and offers competitive tariffs, challenges persist with DISCOM financial health, contract renegotiations, and inadequate transmission infrastructure hindering project deployment and potentially impacting investor confidence.