Crompton Greaves Consumer Electricals has secured its first major solar rooftop order worth Rs 52 crore in Telangana, marking its entry into India's fast-growing solar energy sector.
This move signals Crompton’s intent to diversify and expand its presence in the sustainable energy domain, aligning with its broader goal of increasing its total addressable market (TAM) from Rs 75,000–Rs 1,00,000 crore to Rs 2,00,000 crore. With this order, The company is also building momentum in the solar pumps segment, supported by a strong order pipeline.
Crompton aims to tap into the Rs 40,000– Rs 50,000 crore combined opportunity in solar pumps and rooftops, reinforcing its long-term commitment to sustainable and scalable energy solutions in India.