Overview

• Zerodha co-founder Nikhil Kamath has committed Rs 137.5 crore to Goldi Solar to finance further manufacturing expansion and technology upgrades
• Goldi Solar has ramped its module capacity from 3 GW to 14.7 GW over the past year while breaking ground on solar cell lines in Surat
• The capital infusion aligns with India’s 280 GW solar target for 2030 and builds on import duties and the ALMM framework that favor domestic makers
• India has registered 100 GW of module capacity under the Approved List of Models and Manufacturers, underscoring policy-driven supply-chain growth
• Goldi Solar plans to introduce high-efficiency modules and advanced cells to meet surging domestic demand and pursue export opportunities