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Hitesh Doshi Snapshot

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Hitesh Doshi

Hitesh Doshi

Chairman

Organization

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Birth & Early Life

  • Hitesh Chimanlal Doshi holds a remarkable position in India's business landscape. In 2025, his net worth stands at 120 crores USD. As the chairman and managing director of Waaree Energies, he has significantly contributed to India's renewable energy sector. His wealth continues to grow due to his strategic investments and leadership in the solar industry.

  • Hitesh Doshi has built a reputation as a shrewd investor. His publicly available portfolio highlights his investment acumen. Interested individuals can explore His investments focus on sustainable energy, manufacturing, and emerging technologies.

  • Family plays a crucial role in Hitesh Doshi's life. His father, Chimanlal Doshi, laid the foundation for his success. His children, Chaitali Doshi (Daughter) and Ankit Doshi (Son), are expected to play a significant role in the family business.

  • At 57 years old, Hitesh Doshi remains at the forefront of the renewable energy industry. He leads Waaree Energies, while his brothers and nephew serve as board directors. His family holds a substantial stake in Waaree Renewable Technologies Ltd., ensuring their influence in the sector.

  • Born in a small village in the Buldhana district of Maharashtra, Hitesh Doshi grew up watching his father run a grocery store. This humble beginning instilled strong business ethics and a vision for growth, leading him to dominate India's solar energy market.

  • Ankit Doshi, Hitesh's son, plays an active role in the family business. While Hitesh continues to lead, Ankit is gaining industry experience, ensuring a strong succession plan for Waaree Energies.

  • The Doshi surname is associated with Jainism, especially in Gujarat. Hitesh follows Jain principles, which emphasize ethical business practices and sustainability—values reflected in his company’s focus on clean energy solutions.

  • His financial growth remains impressive. As of 2025, Hitesh Satishchandra Doshi holds five major stocks, with a net worth exceeding Rs. 801.6 Cr. His portfolio spans renewable energy, manufacturing, and technology, ensuring diversified revenue streams.

  • Waaree Energies, under Hitesh Doshi’s leadership, has expanded its solar module production, making it India’s largest manufacturer. His vision has helped Waaree Energies maintain a dominant position in the renewable energy sector.

  • By December 31, 2024, public records showed that individuals matching Hitesh S. Doshi held seven stocks, with a total value exceeding Rs. 8,457.1 Cr. His net worth reached ₹1,023.2 crore, fueled by investments in textiles, chemicals, and clean energy.

  • In 2025, Hitesh Doshi remains a key figure in India's corporate news. His company's expansion, stock performance, and leadership decisions frequently make headlines. Investors closely follow his strategic moves in the renewable energy market.

  • Hitesh Satishchandra Doshi actively participates in the stock market. His publicly listed holdings showcase his strong financial positioning. His investment strategies ensure steady growth, making him a noteworthy figure in India's corporate landscape.

  • As the chairman and managing director of Waaree Energies, Hitesh Doshi has led the company to new heights. In October 2024, Waaree Energies was listed on the Indian stock exchange at a 70% premium to its IPO price. The company operates five large solar module manufacturing plants across India, securing its position as a market leader.

  • Hitesh Doshi’s journey from a small-town entrepreneur to a leading businessman in renewable energy showcases determination and vision. His 2025 net worth of 120 crores USD reflects his success, while his leadership in Waaree Energies continues to drive India's shift toward sustainable energy solutions.

Physical Status

Male

Education

Institution
Degree
Duration
Chinai College of Commerce and Economics, Mumbai
BCOM in Commerce
1982 - 1987
Shri Chinai College of Commerce & Economics
BCOM in Commerce
1982 - 1987
Khoteawar Maharaj Vidhyalay, Eklara Buldhana
High School Diploma

careers

Company
Position
Duration
Chairman
Nov 1989 - Present

Personal Details

Married

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