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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, 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. Born into a humble family, Doshi faced challenges such as lack of electricity and telephone services. His father managed a small grocery store, but the family constantly struggled financially. Nevertheless, Doshi remained determined. 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. 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. Today, Waaree Group boasts a manufacturing capacity of 12,000 megawatts, with most of its revenue generated from exports to the United States. 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.
