Project Description
Fujiyama Power Systems Limited has commissioned a 2 GW power electronics manufacturing facility at Ratlam, Madhya Pradesh. This facility is part of the company's large-scale greenfield manufacturing expansion project aimed at strengthening integrated manufacturing capabilities across the rooftop solar value chain.
Manufacturing Capacity and Products
The newly commissioned facility has an installed manufacturing capacity of 2 GW and will manufacture a wide range of power electronics products including:
- Solar inverters
- UPS systems
- Other related power electronics solutions
With this commissioning, Fujiyama's total power electronics manufacturing capacity has increased to 4.2 GW.
Strategic Context and Integration
The Ratlam facility represents the second major commissioning at the integrated manufacturing complex, following the 2 GW solar panel manufacturing facility commissioned in May 2026. The complex also includes a battery manufacturing facility that is currently progressing as planned.
Management Commentary
Chairman and Joint Managing Director Pawan Kumar Garg stated that this commissioning represents another important milestone in Fujiyama's growth journey. He highlighted that:
- Strengthening manufacturing capabilities in power electronics enables delivery of reliable, high-quality products
- Improves operational efficiencies and supply chain integration
- Supports the company's long-term growth strategy
- The Ratlam complex will strengthen the integrated manufacturing platform
Company Background
Fujiyama Power Systems Limited is one of India's leading providers of rooftop solar solutions with an extensive portfolio across:
- Solar panels
- Solar inverters
- Lithium-ion and tubular batteries
- Chargers
- Power electronics systems
The company has 30 years of operating experience and combines strong engineering capabilities with an integrated manufacturing model spanning 3 facilities across Himachal Pradesh and Uttar Pradesh, plus the fully integrated SPGS (Solar Power Generating System) expansion at Ratlam.
Business Model and Market Presence
The business is predominantly B2C, serving Indian households through a deep distribution and service network of more than 8,900 channel partners including:
- Distributors
- Dealers
- Exclusive Shoppes
- Service engineers
This network enables seamless delivery, installation, and after-sales support. The company has strong presence in Tier-2 and Tier-3 markets with backward integration in key components supporting cost efficiency and supply-chain resilience.
Additional Manufacturing Capacity
The company has 1 GW of Mono PERC solar cell capacity commissioned and an additional 1.2 GW TOPCon solar cell capacity expansion underway.