Fujiyama Power Systems will set up a 1.2 GW TOPCon solar cell manufacturing facility at Ratlam in Madhya Pradesh.

The company plans to invest significantly in advanced solar manufacturing technologies to cater to rising domestic demand for high-efficiency solar components.

TOPCon technology is increasingly being adopted globally due to its improved efficiency and performance advantages in solar energy generation.

The facility is expected to strengthen India’s solar manufacturing supply chain and reduce import dependence.

It also reflects growing investment momentum in integrated solar manufacturing infrastructure across the country.