Waaree Energies said it is increasing its manufacturing capacity for 650W modules to 12 gigawatts (GW) from its current 9 GW operating capacity. It will become the world's largest component manufacturing capacity outside of China. With the addition of Indosolar, the modules will be produced in Greater Noida, NCR for the domestic market in 2022. Chief executive officer Hitesh Doshi said the implementation of basic tariffs and ALMM has transformed the import-oriented market to domestic manufacturing.