The Ministry of New and Renewable Energy is planning to involve private companies in the commercial production of Silicon-Perovskite Tandem Solar Cells developed at the Indian Institute of Technology Bombay. Advanced Renewable Tandem-Photovoltaics India, an IIT Bombay-incubated startup, has developed a 2-terminal monolithic Silicon/CdTe-Perovskite tandem cell with 29.8 % conversion efficiency. Union Minister Pralhad Joshi said this achievement marks one of the highest performance levels reached in India and requires commercial scaling. The National Centre for PV Research and Education at IIT Bombay, launched in 2010 with over  INR 200 crore (~ $24 million) in MNRE funding, supported this development. The ministry is now preparing supportive policies to enable industry participation. Joshi added that such innovation positions India to lead next-generation PV by offering efficient, affordable, and scalable solar energy technologies globally.