Tamil Nadu is in pole position to be a major player in India’s clean technology growth story. New analysis launched today by Ocean Energy Pathway, supported by GWEC and COWI, shows that Tamil Nadu holds the key to delivering up to 6,500 billion INR (72 billion EUR) of economic growth and an additional 805,000 jobs from the offshore wind manufacturing supply chain by 2030.
The analysis shows that achieving the Government’s target of 37GW of offshore wind by 2030 will bring substantial social and economic benefits to India as a whole, and Tamil Nadu in particular, unlocked through ongoing strategic support from government and industry.
Key takeaways
- Tamil Nadu has a significant opportunity to become a major hub for offshore wind manufacturing, leveraging its existing industrial base and skilled workforce.
- Offshore wind sits at the nexus of climate and nature, economic growth, and social benefits. Strategic investments across the offshore wind supply chain can unlock substantial economic growth, create thousands of jobs, and reduce carbon emissions.
- Government commitment, financial incentives, and supportive policies are crucial to attracting investment into India’s offshore wind sector and ensuring its long-term viability.
Tamil Nadu Offshore Wind Manufacturing Supply Chain Investment Study
Download PDFThis study aims to help mobilise key decision-makers, which includes government, industry leaders and civil society, to help unlock India’s offshore wind potential – specifically for the Tamil Nadu region.
Tamil Nadu stands out, with high wind speeds, shallow seabed depths, and proximity to industrial hubs – already representing 46% of India’s total capacity for manufacturing offshore wind turbines. With the right government support, existing skills and supply chains can be leveraged to accelerate the development of a booming offshore wind manufacturing and services sector.
The report calls for strategic and substantial investments to boost confidence and capacity, offering five recommendations to unlock this opportunity in Tamil Nadu and across India as a whole, increasing investment, creating jobs, and cutting carbon emissions:
This report shows that there are tangible opportunities to supercharge the stellar growth that Tamil Nadu has enjoyed in manufacturing, through a strategic focus on offshore wind.
Charles Ogilvie, Executive Director (OEP)
Recommendations
- Establish a clear pipeline with sufficient volumes for offshore wind development to attract OEMs to invest in new production facilities within Tamil Nadu.
- Create financial incentives for investors to accelerate the offshore wind build out in Tamil Nadu, such as providing a guaranteed power offtake.
- Set out a clear institutional framework articulating guidelines, regulations, processes, and responsibilities to make the opportunity more attractive to business and investors.
- Take a strategic approach to publicly provided enabling infrastructure e.g. port expansions, transmission infrastructure, upland development, etc.
- Define clear Local Content Requirements which support local offshore wind development to make sure that the full potential of a Tamil Nadu supply chain can be harnessed.
