Loom Solar Reaches Rs Ten Billion Turnover in India
Real Estate

Loom Solar Reaches Rs Ten Billion Turnover in India

Loom Solar, one of India's fastest-growing solar manufacturers, has crossed Rs ten billion (bn) in annual turnover, marking a significant phase since its establishment in 2018. The company said the milestone reflects its focus on quality manufacturing, distribution expansion and innovation-led product development as it moved from a bootstrapped startup addressing rural energy access to a nationally recognised provider. The achievement underscores progress in India's distributed solar market.

The firm supplies rooftop, commercial and utility-scale segments and manufactures high-efficiency PV modules, including SHARK bifacial, TOPCon and HJT technologies, together with CAML battery energy storage systems and FUSION hybrid inverters. All products are made in India, and the manufacturing and quality systems are certified under ALMM, BIS, IEC and ISO standards. The company credits sustained investments in production capacity and product evolution for driving competitiveness.

Loom Solar is targeting a manufacturing capacity of 1.2 GW for solar panels and 1 GW for inverters by 2026 while continuing to scale operations. The workforce exceeds 300 employees and the distribution network is supported by six regional warehouses across major cities, backed by 15,000 channel partners and 500 distributors that serve India and 11 international markets. Integrated facilities produce PV modules, inverters and storage systems to support project execution.

Under Vision 2030 the company aims to install solar and energy storage systems in over 1 million (mn) homes, aligning plans with national initiatives such as the PM Surya Ghar Muft Bijli Yojana and the PM-KUSUM scheme to broaden adoption. To date, the firm has served over 0.1 million (mn) customers and has executed projects of up to 35 MW, reinforcing its presence in the distributed solar segment. Future growth is expected to be driven by continued focus on product innovation, execution efficiency and strengthened customer partnerships as India advances its clean energy transition.

Loom Solar, one of India's fastest-growing solar manufacturers, has crossed Rs ten billion (bn) in annual turnover, marking a significant phase since its establishment in 2018. The company said the milestone reflects its focus on quality manufacturing, distribution expansion and innovation-led product development as it moved from a bootstrapped startup addressing rural energy access to a nationally recognised provider. The achievement underscores progress in India's distributed solar market. The firm supplies rooftop, commercial and utility-scale segments and manufactures high-efficiency PV modules, including SHARK bifacial, TOPCon and HJT technologies, together with CAML battery energy storage systems and FUSION hybrid inverters. All products are made in India, and the manufacturing and quality systems are certified under ALMM, BIS, IEC and ISO standards. The company credits sustained investments in production capacity and product evolution for driving competitiveness. Loom Solar is targeting a manufacturing capacity of 1.2 GW for solar panels and 1 GW for inverters by 2026 while continuing to scale operations. The workforce exceeds 300 employees and the distribution network is supported by six regional warehouses across major cities, backed by 15,000 channel partners and 500 distributors that serve India and 11 international markets. Integrated facilities produce PV modules, inverters and storage systems to support project execution. Under Vision 2030 the company aims to install solar and energy storage systems in over 1 million (mn) homes, aligning plans with national initiatives such as the PM Surya Ghar Muft Bijli Yojana and the PM-KUSUM scheme to broaden adoption. To date, the firm has served over 0.1 million (mn) customers and has executed projects of up to 35 MW, reinforcing its presence in the distributed solar segment. Future growth is expected to be driven by continued focus on product innovation, execution efficiency and strengthened customer partnerships as India advances its clean energy transition.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code