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Solar-Grade Polysilicon

Critical dependencyBuild-nowEnergy & RenewablesVerifiedHS 2804.61
$2.5 bnAnnual import
0%Indian capability
6,580Supplier concentration (HHI)
₹24,000 crTo localise

Why India imports it. Tongwei, GCL, Wacker dominate; India has no polysilicon production (planned: Reliance, Adani).

Why it matters. Polysilicon is 25% of module cost; solar PLI Phase 2 targets this.

Can India localise it? Partial - 4-6 years; first plants 2026-27.

Where it comes from. China (80%), Germany (12%), USA (8%).

Scorecard

The ten indices

CMDI 83.85Dependency
LPI 40.5Localisation potential
IAI 63.75Investment attractiveness
SRI 74.5Supply risk
SCI 57.25Supply-chain complexity
TRI 42Technology readiness
IMI 70.5Industrial multiplier
NSRI 56.25National-security relevance
EPI 63.75Export potential
ICGI 68.75Capability gap
Who makes it

Manufacturers

In India

No significant domestic maker.

Global leaders

TongweiGcl PolyWacker Chemie

On the ground

Localisation projects

Intelligence

Related signals

Sources

Primary references

Confidence: Verified. Verified: Solar PLI Phase 2 awardees. Part of Techadyant Labs' Critical Manufacturing Dependencies (Edition I).