Early Life and Education
Surender Saluja was born in Mirpur, now part of Pakistan-occupied Kashmir, and his family moved to India during the Partition in 1947. He earned a Bachelor of Engineering degree from Karnataka University, which provided a strong foundation for his career in manufacturing.
Rise to Success
Saluja's entrepreneurial journey began in 1995 when he founded Premier Energies in Hyderabad. Recognizing the potential of solar energy early on, Saluja started the company with a vision to contribute to the renewable energy sector. His foresight led Premier Energies to become a leading solar cell and module manufacturer in India. A significant milestone was Premier Energies' IPO in September 2024, which debuted on the Indian stock exchanges at a 120% premium, reflecting strong investor confidence in the company's prospects.
Key Business Strategies
Premier Energies, under Saluja's leadership, focused on capacity expansion and vertical integration within India's solar value chain. The company operates five manufacturing units in Hyderabad and is known for its innovative technology in crafting photovoltaic products and solutions. Saluja's son, Chiranjeevi Saluja, serves as the Managing Director, ensuring a family-led succession plan.
Philanthropy
There is no public record of significant philanthropic activity by Surender Saluja or Premier Energies. The focus has primarily been on the growth and expansion of the business.
