According to the UnivDatos, rapid growth in solar PV installations, government initiatives and subsidies, increasing rooftop solar adoption, falling cost of solar hardware, urban infrastructure development, increased tenders from SECI and DISCOMs, and focus on wind load and durability compliance are driving the India Solar Panel Mounting Structure market. As per their “India Solar Panel Mounting Structure Market” report, the Indian market was valued at USD ~270 million in 2024, growing at a CAGR of about 11.60% during the forecast period from 2025 - 2033 to reach USD million by 2033.

The mounting structure used in the solar panel installation business in India is also experiencing intense growth as the industry adds more solar capacities both in the utility and rooftop segments. With an increase in the sizes of projects, there has been a rise in the need for strong, economical, and easy mounting systems. Major players have been designing modular, lightweight products to satisfy changing project requirements. The article identifies the leading industry players that drive the competitive environment in the crucial market of solar components.

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1.    Tata International Ltd

Tata International Limited, trading and distribution company, primarily engages in the metals trading business. It is involved in the sale of leather, footwear, minerals, metals, distribution, and agricultural commodities and products. The company sources and sells general steel products to the steel-making units, foundries, steel plants, and aluminium industries; and offers pig iron and scrap products, hot and cold rolled coils and sheets, galvanised and prepainted coils and plates, reinforced bars, mild-steel/medium-carbon/high-carbon wire rods, structural, merchant bars, cold finished bars, hot rolled SBQ bars, slabs, blooms, and billets, as well as anode bars, cathode bars, calcined petroleum cokes, and aluminium fluoride products for the aluminium smelting processes. In addition, it provides operation and maintenance training to the operators and site staff for equipment supplied, warranties, and maintenance services. Further, the company offers coal, coke, and anthracite; iron and manganese ores; tin, nickel, lead, copper, zinc, and other base metals; and manganese and silicon alloys. Tata International Limited was formerly known as Tata Exports Limited and changed its name to Tata International Limited in March 1998. The company was incorporated in 1962 and is headquartered in Mumbai, India.

2.    Pennar Industries Limited

Pennar Industries Limited operates as an engineering company in India and internationally. It operates in Diversified Engineering, Custom Designed Building Solutions, and Auxiliaries segments. The company offers engineered components, including automotive and white goods components, hydraulic cylinders, and precision sub-assembly parts. It also provides steel products and profiles, such as cold rolled steel strips; electrostatic precipitator electrodes; building components, including purlins, roofing/cladding sheets, and decking profiles; metal crash barriers for flyovers, bridges, national highways, and other projects; sheet piles for infrastructure projects; and automobile products. In addition, the company offers solar module mounting structures to support the solar PV panels; aerospace machined components; industrial boilers and heaters; and water treatment chemicals, fuel additives, and specialty water treatment chemicals, as well as water and environment infrastructure turnkey solutions. Additionally, it provides structural engineering, building information modelling, plant and product engineering, industrial automation, digital consultancy (IoT), and value-added solutions; design and engineering services; pre-engineered buildings; and solar structures. Pennar Industries Limited was incorporated in 1975 and is headquartered in Hyderabad, India.

3.    Purshotam Profiles

Purshotam Group is a leading producer of module mounting structures in India. They operate nine manufacturing units with a total capacity of 25,000 MT per month, strategically located in Ahmedabad, Ghaziabad, Noida, Jodhpur, and Hyderabad. The company has developed projects with private companies, industries, and public institutions across India.

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4.    Goodluck India Limited

Goodluck India Limited manufactures and supplies precision engineering and steel products in India. The company provides ERW black, red painted, and galvanized steel pipes, hollow sections, CR and galvanized coils, CRCA sheets and pipes, CDW tubes, forgings and flanges, telecom and transmission line towers, substation structure, road and railways bridge and road safety equipment, as well as EMT, rigid, and intermediate metal conduits. Further, it offers fabricated structures, including railway and road bridges, roads and expressways, building structures, launching girder, primary and secondary boiler structure, and defense fabrication; and overhead electrification and substation structure. It serves clients from public and private sector OEMs, and central and state government departments. It exports its products to export markets, including the United Kingdom, the United States, South Africa, the United Arab Emirates, Germany, and France. The company was formerly known as Good Luck Steel Tubes Limited and changed its name to Goodluck India Limited in June 2016. Goodluck India Limited was incorporated in 1986 and is headquartered in Ghaziabad, India.                                                                   

5.    Utkarsh India

Utkarsh India Limited is a prominent leader in the manufacturing and supply of Steel Structures, Steel ERW Pipes, and Polymer products. These products are tailored for diverse applications across Infrastructure, Domestic, Municipal, and Agricultural sectors. Our portfolio includes Steel Structures, Rolled and Fabricated items, ERW Pipes, and an extensive range of Polymer products such as uPVC Pipes, CPVC Pipes, SWR Pipes, Grey Agriculture Pipes, Column Riser Pipes, HDPE Pipes, PLB HDPE Duct Pipes, Garden Pipes, and Water Tanks. These offerings cater to a wide array of needs in the Transportation, Renewable Energy, Transmission and Distribution (T&D), Water Infrastructure, Domestic, Municipal, Agricultural, and Building sectors. With over 40 years of industry experience, Utkarsh India has earned a strong reputation for delivering high-quality galvanized Steel Structures.

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