Loom Solar Crosses ₹1,000 Crore Annual Turnover

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Loom Solar has achieved a major business milestone by surpassing ₹1,000 crore in annual turnover, reflecting its rapid growth as one of India’s leading solar equipment manufacturers. The achievement comes within eight years of the company’s establishment and highlights its focus on domestic manufacturing, product innovation, and an expanding distribution network that has helped accelerate solar adoption across the country.

Founded in 2018 as a bootstrapped venture, Loom Solar began with the objective of making reliable solar energy accessible to households and businesses, particularly in rural and Tier-2 and Tier-3 markets. Since then, the company has expanded its portfolio to include advanced solar modules, battery energy storage systems (BESS), and hybrid inverters, strengthening its position in India’s fast-growing renewable energy sector.

The company currently manufactures a range of high-efficiency solar products, including SHARK Bifacial, TOPCon and HJT solar panels, CAML Battery Energy Storage Systems, and Fusion Hybrid Inverters. Designed and manufactured in India, these products cater to residential, commercial, and utility-scale applications while supporting the country’s growing emphasis on clean energy and self-reliance.

Commenting on the milestone, Amod Anand, Co-Founder and Director, Loom Solar, said the company was established with the vision of making solar energy affordable and accessible at a time when awareness and distribution networks were still limited outside major cities. He noted that crossing the ₹1,000 crore revenue mark validates the company’s long-term commitment to expanding access to renewable energy and strengthening India’s solar ecosystem.

Loom Solar has steadily invested in expanding its manufacturing capabilities and product development. The company is targeting production capacities of 1.2 GW for solar modules and 1 GW for inverters by the end of calendar year 2026. Its manufacturing facilities comply with ALMM, BIS, IEC and ISO quality standards, enabling the company to serve both domestic and international markets.

To support growing demand, Loom Solar has established an extensive distribution network comprising more than 15,000 channel partners, over 500 distributors and six regional warehouses located in Faridabad, Mumbai, Chennai, Kolkata and Lucknow. The company has also expanded its international footprint by exporting products to 11 countries while maintaining fast delivery timelines.

Looking ahead, Loom Solar has outlined an ambitious Vision 2030 strategy aimed at installing solar panels and battery energy storage systems in more than one million Indian homes. The initiative aligns with national renewable energy programmes, including the PM Surya Ghar Muft Bijli Yojana and PM-KUSUM, which seek to accelerate rooftop solar adoption and improve clean energy access.