Faridabad-based solar manufacturing company Loom Solar has achieved a significant milestone by crossing ₹1,000 crore in revenue within eight years of its launch, highlighting the growing demand for locally manufactured renewable energy solutions in India.
The achievement reflects the company’s focus on expanding solar energy access through domestic manufacturing, product innovation, and a strong distribution network across urban and rural markets.
From Startup to ₹1,000 Crore Business
Founded in 2018, Loom Solar began its journey with a mission to address energy access challenges in rural India and Tier-3 cities. Over the years, the company has evolved into one of India’s rapidly growing solar manufacturers, catering to residential, commercial, and utility-scale solar projects.
Its portfolio includes advanced solar solutions such as SHARK Bifacial solar panels, TOPCon modules, HJT technology modules, CAML Battery Energy Storage Systems, and FUSION Hybrid Inverters, all designed and manufactured in India.
Commenting on the milestone, Amod Anand, Co-Founder and Director, Loom Solar, said:
“When we founded Loom nearly eight years ago, solar energy in India was largely confined to select urban pockets and a limited set of government-driven projects. Awareness was low, distribution infrastructure was nascent, and policy focus had yet to extend to the vast majority of the country. The rural population — particularly those in villages and Tier-3 cities — desperately needed reliable, affordable energy, but the ecosystem to deliver it simply did not exist. That gap is what drove us. Today, crossing ₹1,000 crore in turnover is not just a business milestone; it is proof that the vision of democratising solar energy in India was right all along.”
Manufacturing Expansion to Support Future Growth
As demand for solar energy solutions continues to rise across India, Loom Solar is investing heavily in manufacturing capacity and technology development.
The company has set ambitious expansion targets and plans to achieve:
- 1.2 GW solar panel manufacturing capacity by 2026
- 1 GW inverter manufacturing capacity by 2026
The expansion is expected to strengthen Loom Solar’s ability to serve the growing residential rooftop solar market as well as commercial and industrial customers.
Strong Distribution Network Across India
Loom Solar has built an extensive nationwide presence supported by:
- More than 300 employees
- Six regional warehouses
- Over 15,000 channel partners
- Export operations spanning 11 countries
The company’s widespread distribution network has played a key role in making solar energy solutions accessible across smaller towns and underserved regions.
Innovation Remains a Core Growth Driver
The company continues to focus on product innovation as a key differentiator in the highly competitive solar energy market.
Speaking about the company’s approach, Amod Anand added:
“Innovation has always been the defining force behind Loom Solar.”
The company has consistently introduced new solar technologies designed to improve efficiency, energy generation, and storage capabilities for customers.
Vision 2030: Powering One Million Homes
Having already served more than 100,000 customers, Loom Solar is now aiming to power over one million homes by 2030.
The goal aligns with India’s accelerating renewable energy ambitions and growing adoption of residential rooftop solar systems under various government initiatives aimed at expanding clean energy access.
As India continues to strengthen its renewable energy ecosystem and promote domestic manufacturing under the Make in India initiative, Loom Solar’s growth trajectory reflects the increasing role of homegrown companies in driving the country’s clean energy transition.
Loom Solar’s Growing Role in India’s Renewable Energy Journey
With rising demand for solar power, expanding manufacturing capabilities, and a focus on innovation-led growth, Loom Solar is positioning itself as a key player in India’s renewable energy sector. The company’s ₹1,000 crore milestone marks an important step in its journey toward supporting India’s clean energy goals while bringing affordable and reliable solar solutions to millions of consumers.
