Early Life
Pankaj Doshi was born and raised in Mumbai, India, into a Jain family with a background in both business and philanthropy. He is one of the four brothers who built their fortune together through their stake in Waaree Energies.
Rise to Success
Pankaj Doshi's wealth originates from his ownership in Waaree Energies, a company that listed on the Indian bourses in October 2024, experiencing a 70% premium over its IPO price. This market debut made Doshi and his three brothers billionaires. Waaree Energies, founded in 1990, is India's largest solar panel manufacturer by capacity. He has been involved in the business's growth over the decades.
Key Business Strategies
The success of Waaree Energies is rooted in strategic decisions, including the move into solar panel manufacturing in 2007, which capitalized on the growing shift towards renewable energy. The company's focus on producing high-quality solar modules, cells, and inverters has enabled it to become a leader in the Indian market. Waaree's expansion, including the establishment of manufacturing plants across India and a planned base in the United States, showcases a commitment to both domestic and global growth.
Philanthropy
Information about Pankaj Doshi's specific philanthropic involvements is not available in the search results.
