A family business that grew into a multi-crore solar brand

With climate change posing a global challenge, the reliance on renewable sources of energy has never been higher.

Delhi-based ex-engineering professor BK Mohanka realised the potential of the solar segment early on and incorporated Gautam Solar in 1997. 

Since then, the founder’s son, Gautam Mohanka, and various other family members joined the company and worked to take it from a company with Rs 1 crore turnover in 2002 to Rs 200 crore turnover in 2020.

The family business today manufactures a range of solar products, including panels, pumps, lights, fans, batteries, and more. Various government organisations, corporate companies, and individual buyers form its customer base, which it services from its four Haridwar-based factories of 250 MW capacity in total.

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News & Updates

• The Cuban government said it will recognise and regulate cryptocurrencies for payments in the nation. According to reports, a resolution was published in the country's Official Gazette, which stated that the Central Bank will set rules for cryptocurrencies and determine how to licence providers of related services within the nation.

• PhonePe said it is processing almost 1.5 billion transactions a month, and about 80 percent of its users are from Tier-II cities and beyond.

• indiagold, a gold-focused digital alternative credit platform, is raising $12 million in funding led by PayU and Alpha Wave Incubation Fund. It will use the funds to scale the business and roll out operations nationally.

Before you go, stay inspired with… 

“The supply chain in India for solar manufacturing is becoming robust. The nation is becoming prominent in the space as more players are coming up.”

— Gautam Mohanka, MD, Gautam Solar

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