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.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

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.

Next Story
Real Estate

ANDPL launches AI assistant for Dharavi residents

Adani Navbharat Developers (ANDPL), the special purpose vehicle implementing the Dharavi Redevelopment Project (DRP), has launched Dharavi Didi, a 24x7 AI-powered digital assistant to provide residents with official information on the redevelopment programme.Accessible through video calls, voice calls and WhatsApp, the platform enables residents to obtain information on surveys, eligibility, documentation, rehabilitation and project updates in Hindi, Marathi and English. Support for Tamil, Telugu and Gujarati is planned in the coming months.According to ANDPL, the initiative is intended to imp..

Next Story
Infrastructure Urban

Indobell Secures Domestic Order For Nodulated Wool

Indobell Insulations Limited (Indobell) has disclosed that it has secured a domestic order from Sundaram Brake Linings Limited (Sundaram Brake Linings) for the supply of nodulated wool valued at Rs 48.74 mn. The company submitted the disclosure to BSE Limited on 17 July 2026 under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 and related circulars. The filing identified the purchaser as a domestic entity and described the contract as a standard supply agreement to be fulfilled over a specified timeline. The order carries payment terms of 45 days by..

Next Story
Infrastructure Urban

PTC Secures BrahMos Order For Strategic Missile Subsystem

PTC Industries Limited has received a landmark order from BrahMos Aerospace Private Limited for development, integration and supply of a strategic missile sub-system for the BrahMos programme. The order marks the company’s first major assignment in systems-level integration and represents a strategic move further downstream in the aerospace and defence value chain. The award reflects BrahMos Aerospace's confidence in PTC’s engineering depth, manufacturing discipline, quality systems and execution capability. The development opens a new chapter as PTC transitions from supplying critical mat..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement