RPSG Group Enters Solar Cell and Module Manufacturing, Boosting India’s Green Future
The clean energy revolution in India is gaining a powerful new ally. The RPSG Group, known for its diverse business portfolio, has now entered the solar cell and module manufacturing sector. This strategic step not only expands the company’s footprint but also marks a significant milestone in its journey toward becoming a leader in renewable energy.
Launching a New Chapter in Renewable Energy
Within the next few days, RPSG Group will roll out its first production capacity in solar cell and module manufacturing. This move underscores the company’s vision of becoming a key driver in India’s energy transition, while also eyeing opportunities in international markets. By establishing itself in this space, the Group is signaling its intent to combine strong business acumen with long-term sustainability.
Ambitious Expansion and Global Reach
The Group has set its sights high, aiming to achieve three gigawatts each of solar cell and module capacity within just three years. While much of this will come from its in-house facilities, the plan also includes significant exports, making RPSG a competitive player not only in India but on the global clean energy stage. Leadership within the company has emphasized that this growth is backed by a strong and sustainable business model designed for long-term success.
Driving Market Growth Through Renewables
Chairman Sanjiv Goenka has reinforced the Group’s confidence in its growth trajectory, targeting a market capitalisation of ₹2 lakh crore within the next 30 months. Central to this ambitious goal is renewable energy, which forms the backbone of the company’s future investments. Renewables are not just an addition to RPSG’s portfolio—they are at the very core of its growth strategy.
A Bold Investment Strategy for the Future
As part of its ₹1 lakh crore capital expenditure plan over the next five years, RPSG Group is setting its sights on building 10 gigawatts of renewable capacity within six years. Already, 3.2 GW is under active implementation, while another 4 GW is nearing closure. These numbers reflect the seriousness of the Group’s commitment to reshaping India’s energy landscape.
Powering India’s Green Transition
By investing heavily in renewable infrastructure and now expanding into solar manufacturing, RPSG Group is positioning itself as a crucial player in India’s clean energy story. This move strengthens its domestic presence while also opening doors to global markets. More than just a business decision, it is a statement of intent—an investment in a sustainable future for generations to come.
Disclaimer
This article is based on publicly available reports and statements as of September 2025. Financial targets, capacity expansion plans, and market strategies are subject to change depending on market conditions, regulatory policies, and company decisions. Readers are advised to follow official announcements from RPSG Group for the most accurate updates.
