ACME Group introduced in the present day its intention to generate ₹10,000 crore in income from solar module and cell manufacturing by 2030, as a part of its enterprise diversification technique past renewable vitality era.
The Gurgaon-based firm has invested ₹230 crore in a 1.2 gigawatt solar module manufacturing facility in Jaipur, Rajasthan. The lately commissioned plant employs over 700 folks.
The Ministry of New and Renewable Power has included ACME in its Accredited Listing of Fashions and Producers (ALMM), permitting the corporate to bid for presidency tasks, SECI tenders, rooftop installations, and KUSUM schemes.
“Our strategic entry into renewable gear manufacturing aligns with the Make in India initiative and marks a major milestone in our journey to contribute to India’s clear vitality transition,” mentioned Manoj Ok Upadhyay, Chairman of ACME Group.
The corporate plans to scale up manufacturing capability and set up new cell manufacturing amenities below its enterprise entity ACME Renewable Gear Manufacturing.
Trade estimates recommend India’s solar module manufacturing capability will develop from 80 GW in 2025 to 125 GW by 2030, with solar cell manufacturing growing from 25 GW to 40 GW in the identical interval. Authorities initiatives like ALMM promote home manufacturing by mandating regionally manufactured modules in government-backed tasks.
Revealed on April 6, 2025
Source link
#ACME #Group #targets #crore #solar #manufacturing
