Wire · operational-macro
Jupiter plans IPO by mid-2027 to fund expansion; targets Rs 6,500 crore revenue in FY28
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Fusion42 · 11 October 2026 · Fusion42 review
Indian solar cell manufacturer Jupiter plans an IPO by mid-2027 to fund significant capacity expansion and diversification into upstream solar components and battery storage, targeting Rs 6,500 crore revenue in FY28. The company aims to increase manufacturing capacity to 7.5 GW, establish wafer and ingot production, and enter battery energy storage by 2027 amid government support to reduce dependence on Chinese imports.
This Wire brief sits within Fusion42's coverage of Climate Tech.
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You face a new opportunity as Indian solar manufacturing grows fast with fresh capital from IPOs like Jupiter's; focus on partnerships in cell supply, storage, or wafer tech to tap emerging market shifts.
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1 source · 11 Oct 2026
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