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Billionaire Profile
Kirit Doshi
Global Rank
#2531

Image: Public domain | via Wikimedia Commons

Kirit Doshi

CEO, Waaree Energies
IN
Real-Time Net Worth
$1.4B
As of December 2025
Age
60
Source
Solar modules
Industry
energy
Citizenship
IN

Biography

Kirit Doshi is an Indian entrepreneur and investor with a net worth of $1.4 billion. His wealth stems from his significant stake in Waaree Energies, India's largest solar panel manufacturer. With a career spanning several decades, Doshi has been a key player in India's specialty chemicals industry, co-founding the Doshi Group, particularly its flagship company, Ami Organics. He is the Chairman of Waaree Technologies Ltd.. His achievements include playing a pivotal role in the rapid expansion of India's renewable energy sector and taking Ami Organics public.

In-Depth Profile

Early Life and Career

Kirit Doshi's journey began with the Doshi Group, where he co-founded and played a key role in the growth of Ami Organics, a leading manufacturer of active pharmaceutical ingredients (APIs) and specialty chemicals. He has over 30 years in corporate governance.

Rise to Success

Doshi's financial success is primarily linked to his stake in Waaree Energies, India's largest solar panel manufacturer by capacity. Waaree Energies' IPO in October 2024 marked a significant event, debuting at a 70% premium. This success has propelled the Doshi family onto the Forbes India Rich List.

Key Business Strategies

Doshi's strategic investments in renewable energy, particularly Waaree Energies, have aligned with India's shift towards sustainable development. Waaree Energies has five solar module manufacturing plants across India.

Philanthropy

Kirit Doshi is also involved in philanthropic activities. He is associated with Shrimad Rajchandra Love & Care, and serves as a Trustee of Shrimad Rajchandra Mission Dharampur (USA) and President of Anuvibha of North America.

Career Milestones

1990

Founded Waaree Energies (with brother Hitesh)

Hitesh Doshi founded Waaree Energies, a company that would later become India's largest solar panel manufacturer.

2007

Shifted to Solar Manufacturing

The company transitioned to solar panel production.

October 2024

Waaree Energies IPO

Waaree Energies was listed on the Indian bourses.

Philanthropy & Social Impact

Religious and Charitable

Shrimad Rajchandra Love & Care

Undisclosed

Advisor