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Microtek invests over ₹400 crore to accelerate solar business growth

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⚡ Instant Key Takeaways (TL;DR)
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Core Development: Microtek invests over ₹400 crore to accelerate solar business growth
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Market & Financial Impact: With nearly four decades of power management experience, Microtek's portfolio spans four pillars: power generation, distribution, conditioning and storage
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Actionable Insight: 🟢 Bullish Trigger: Positive business expansion or earnings beat may attract institutional and retail buying.

Microtek's reach is supported by over 100,000 dealers across India

Microtek has announced an investment of over ₹400 crore to accelerate the growth of its solar business.

As part of its expansion plans, Microtek has invested over ₹400 crore and is setting up a new solar panel manufacturing plant in Jaipur, which is expected to become operational by November 2026, the company said at the renewable energy expo 2026 concluded on Saturday.

Led by its 'Har Ghar Bijli Ghar' vision, the company will introduce its new Battery Energy Storage System (BESS), highlighting its focus on making reliable energy solutions accessible to households and businesses, the company said in a statement issued on Sunday.

With nearly four decades of power management experience, Microtek's portfolio spans four pillars: power generation, distribution, conditioning and storage.

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Official Publisher Attribution: This report is aggregated from Business Standard. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
Read Original Full Coverage on Business Standard ↗
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