Hitesh Doshi began Waaree with ₹5,000 loan, his family worth now ₹43,720 crore
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Pragya Swastik /
08:57 am on
Tuesday, 29 October, 2024 Hitesh Doshi-led India's biggest solar panel producer Waaree Energies' shares surged 56% after its ₹4,321.44-crore IPO, taking Doshi family's net worth to ₹43,720 crore. Hitesh started dabbling in India's energy sector in 1985 using a ₹5,000 loan from a relative, Bloomberg reported. While 57-year-old Hitesh is Chairman & MD, his two brothers and nephew are board directors in the group.