{"id":20060,"date":"2025-10-22T20:23:06","date_gmt":"2025-10-22T20:23:06","guid":{"rendered":"http:\/\/tezgyan.com\/index.php\/2025\/10\/22\/this-man-turned-a-rs-5000-loan-into-a-rs-400-crore-solar-empire\/"},"modified":"2025-10-22T20:23:06","modified_gmt":"2025-10-22T20:23:06","slug":"this-man-turned-a-rs-5000-loan-into-a-rs-400-crore-solar-empire","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/10\/22\/this-man-turned-a-rs-5000-loan-into-a-rs-400-crore-solar-empire\/","title":{"rendered":"This Man Turned A Rs 5,000 Loan Into A Rs 400-Crore Solar Empire"},"content":{"rendered":"


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In 1985, in the small village of Tunki, Maharashtra, a boy named Hitesh Chimanlal Doshi dreamed big despite having no money to start a business. His ambition and determination would later shape a remarkable journey that inspires many.<\/p>\n

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Doshi borrowed a modest sum of Rs 5,000 from a relative and embarked on his journey. Today, his company, Waaree Energies, has grown to become India’s largest solar module manufacturer, with a net worth of $5.2 billion, or approximately Rs 400 crore.<\/p>\n

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Born into a humble family, Doshi faced challenges such as lack of electricity and telephone services.<\/p>\n

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His father managed a small grocery store, but the family constantly struggled financially. Nevertheless, Doshi remained determined.<\/p>\n

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In 1985, he entered the energy sector with the borrowed amount of Rs 5,000. Initially, he dealt in thermal equipment. However, in 2007, after recognising the potential of solar energy at a trade show in Germany, he decided to focus on solar power.<\/p>\n

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He sold his old business and ventured into solar cell manufacturing, naming his company Waaree Energies, inspired by the Wari Temple in his village, Tunki.<\/p>\n

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Today, Waaree Group boasts a manufacturing capacity of 12,000 megawatts, with most of its revenue generated from exports to the United States.<\/p>\n

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Hitesh Chimanlal Doshi ‘s perseverance paid off. Now, at 58, he stands not only as a successful businessman but also as an inspiration to millions of young people.<\/p>\n

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Follow News18 on Google<\/a>. Join the fun, play QIK games on News18<\/a>. Stay updated with all the latest business news, including market trends<\/a>,\u00a0stock updates<\/a>,\u00a0tax<\/a>, IPO,\u00a0banking finance<\/a>, real estate, savings and investments. To Get in-depth analysis, expert opinions, and real-time updates. Also Download the\u00a0News18 App<\/a> to stay updated.<\/span><\/div>\n


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In 1985, in the small village of Tunki, Maharashtra, a boy named Hitesh Chimanlal Doshi dreamed big despite having no money to start a business. His ambition and determination would later shape a remarkable journey that inspires many. Doshi borrowed a modest sum of Rs 5,000 from a relative and embarked on his journey. Today,…<\/p>\n","protected":false},"author":1,"featured_media":20061,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-20060","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/20060","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=20060"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/20060\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/20061"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=20060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=20060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=20060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}