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.

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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.

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