From Village Dreamer to Solar Billionaire: The Inspiring Journey of Hitesh Doshi
In the bustling world of renewable energy, where innovation meets sustainability, one name stands out—Hitesh Doshi. The CEO of Waaree Energies, Hitesh’s remarkable journey from a modest village in Maharashtra to becoming one of the richest men in the world is a testament to grit, vision, and perseverance.

Quick Summary
- Hitesh Doshi, born in a remote village in Maharashtra, transformed his life through sheer determination and business acumen.
- Starting with just ₹5,000, he ventured into hardware, manufacturing, and eventually solar energy.
- His company, Waaree Energies, now generates 12,000 MW of solar power and is the largest solar cell manufacturer globally.
- Today, Hitesh’s wealth exceeds $5.2 billion, making him a symbol of entrepreneurial success and sustainability.
Humble Beginnings in Tunki, Maharashtra
Born in the remote village of Tunki, Maharashtra, Hitesh Doshi grew up amidst simple surroundings. The village’s limited resources and opportunities did not deter young Hitesh from dreaming big. Dissatisfied with the local school, he set his sights on Mumbai, leaving behind the comforts of home in pursuit of a better education.
The First Leap: Starting Small
After completing his studies, Hitesh faced the daunting task of creating his own path. With only ₹5,000 borrowed from his uncle, he started a small hardware business. This humble venture laid the foundation for his entrepreneurial journey. His hard work and dedication bore fruit as the business grew, allowing him to save capital for his next big step.
Venturing Into Manufacturing
Recognizing the potential in thermal equipment manufacturing, Hitesh expanded his business horizons. His ability to identify market gaps and seize opportunities showcased his sharp business acumen. However, it was his foray into renewable energy that would catapult him into global prominence.
Seizing the Solar Energy Opportunity
As the world began shifting toward renewable energy, Hitesh saw the immense potential in solar power. With a clear vision, he established a solar cell manufacturing plant. The plant was named Waaree, inspired by the Wari temple in his home village—a tribute to his roots and a nod to his humble beginnings.
The Rise of Waaree Energies
Waaree Energies has since grown to become the largest solar cell manufacturer in the world, with a staggering capacity to generate 12,000 MW of solar energy. Under Hitesh’s leadership, the company has not only revolutionized the solar energy industry but has also contributed significantly to global efforts toward sustainability.
Public Listing and Unprecedented Wealth
When Waaree Energies went public, it became one of the most successful IPOs in recent times. The listing skyrocketed Hitesh Doshi’s wealth to over $5.2 billion, placing him among the world’s richest individuals. Despite his immense success, he remains grounded, often attributing his achievements to his early struggles and the values instilled in him during his childhood.
A Legacy of Inspiration
Hitesh Doshi’s story is more than just a tale of financial success; it is a beacon of hope for aspiring entrepreneurs. It underscores the importance of determination, resilience, and the courage to embrace opportunities. From borrowing ₹5,000 to building a global empire, his journey serves as an inspiration to millions.
In a world where renewable energy is the future, leaders like Hitesh Doshi are paving the way. His vision and dedication have not only propelled Waaree Energies to global heights but have also inspired countless individuals to believe in the power of dreams.
As the solar energy industry continues to grow, the legacy of Hitesh Doshi will shine as brightly as the sun his company harnesses.
As the solar energy industry continues to grow, the legacy of Hitesh Doshi will shine as brightly as the sun his company harnesses.
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Rajat N
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