STOCKWATCH

Crompton Secures First Major Solar Rooftop Order of ₹52 Cr, Signalling Strategic Entry into a Large ₹20,000+ Market

Crompton Greaves Consumer Electricals Ltd. (Crompton) has announced a landmark milestone by securing its first major solar rooftop order of ₹52 Cr in the Telangana market. This move emphasizes Crompton’s commitment to driving growth in sustainable energy solutions and positions the company as a credible player in India’s booming solar segment. The company is well-positioned to leverage the large and growing solar rooftops market of ₹320,000 Cr, expected to grow at a fast clip of 20%+. This significant win marks Crompton’s strong commercial debut in the large solar rooftop category and positions the company as a credible player in India’s solar energy market. The combined solar pumps and solar rooftops segment represents a large opportunity size of ₹340,000-₹50,000 Cr. Crompton is uniquely positioned to capture this growth through its trusted & reliable brand and extensive distribution network.

• Crompton secures first major solar rooftop order of ₹52 Cr in Telangana market
• Company positioned as credible player in India’s booming solar segment
• Well-positioned to leverage large and growing solar rooftops market of ₹320,000 Cr
• Entry into solar rooftops aligns with broader strategy to significantly expand Total Addressable Market (TAM) to ₹22 Lakh Cr
• Crompton uniquely positioned to capture growth in combined solar pumps and solar rooftops segment of ₹340,000-₹50,000 Cr