Crompton has secured its first major solar rooftop order worth ₹52 Crs, marking its strategic entry into the large solar rooftops market. This move aligns with Crompton’s commitment to sustainable energy solutions. The market has an expected growth rate of 20%+. This order positions Crompton as a credible player in India’s solar energy market, expanding its Total Addressable Market to ₹2 Lakh Crore.
Strategic Entry into Solar Rooftops
Crompton has announced that it has secured its first major solar rooftop order valued at ₹52 Crs in Telangana. This order signifies the company’s strategic entry into a market estimated to be over ₹20,000 Crore.
Market Opportunity
The solar rooftops market is estimated between ₹20,000-₹25,000 Crs, and expected to grow at a clip of 20%+. Crompton’s entry into solar rooftops aligns with its broader strategy to significantly expand its Total Addressable Market (TAM) from ₹75,000-1 Lakh Crore to ₹2 Lakh Crore.
Leadership Perspective
Mr. Promeet Ghosh, Managing Director & CEO, stated that solar rooftops present a transformative opportunity for India’s energy landscape, reflecting Crompton’s commitment to sustainability. Securing the first major solar rooftop order validates their capabilities in the sector.
Impact and Future Outlook
Crompton’s entry represents a pivotal shift towards becoming a comprehensive partner in energy efficiency and sustainability. This reinforces the company’s commitment to its Environmental, Social, and Governance (ESG) mandates and its role as a forward-thinking consumer electrical leader. The announcement was made on October 09, 2025.
Source: BSE
