Popular solar brand to invest Rs 5,000 crore to increase manufacturing capacity

Ishver Dholakiya, managing director of Gujarat-based Goldi Solar said that the company is now investing more than Rs 5,000 crore to increase its module manufacturing capacity to 6 GW.

Dholakiya, who is also the founder of the company, stated that the current total module manufacturing capacity of the company is 2.5 GW.

When asked about the company’s growth plans, he replied, “We are in the process of investing over Rs 5,000 crore as part of our expansion plans to increase module manufacturing from 2.5 GW to 6 GW.”

The renewable energy business expansion will be channelled into auxiliary production, including aluminium frames, junction boxes, backsheet, etc, he said.

The investment will be made by the year 2025, he said, adding, his company also aims to recruit over 4,500 people across various functions, which will increase its workforce to over 5,500 by FY25.

Site Moved. Visit our New Website

We have moved this news site from this URL to https://www.newprojectstracker.com/capex-news .

Visit this site for regular updates

Buy Latest Research Reports

Jayaparakash Sampath

Founder & CEO at NPT Research Information Services

Related Posts