NetWorth
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Doshi
Viren Doshi
Rank #2395
INDIA•Energy•Solar modules

Viren Doshi

Net Worth
$1.691B
-0.92% (24h)
Viren Doshi, a 57-year-old Indian entrepreneur, is a prominent figure in the renewable energy sector. His wealth stems from his significant stake in Waaree Energies, India's largest solar panel manufacturer by capacity. Doshi, who serves as a director on Waaree's board, played a key role in the company's transformation and its successful IPO in 2024. This listing made him an instant billionaire, placing him among India's wealthiest individuals. His career has focused on engineering, procurement, and construction within Waaree Energies, driving its growth and contributing to India's renewable energy independence.

How to read Viren Doshi's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Viren Doshi, we anchor the narrative to Solar modules and Solar modules, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $1.691B alongside global rank #2395, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (INDIA) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

Early Life

Viren Doshi was born in India. Information regarding his early life and education is limited, but he is an engineering graduate from Cornell University.

Rise to Success

Viren Doshi, along with his brothers, built their fortune through Waaree Energies. The company was originally founded in 1990 by his brother Hitesh Doshi as a manufacturer of thermal and pressure gauges. Seeing the potential in renewable energy, Hitesh steered the company towards solar panel production in 2007. Viren Doshi is a director on Waaree's board and oversees engineering, procurement, and construction. In October 2024, Waaree Energies listed on the Indian bourses, with the listing making Viren and his three brothers instant billionaires.

Key Business Strategies

Waaree Energies has become India's largest solar panel maker by production capacity. The company manufactures solar cells, inverters, transformers, and complete solar modules. Waaree has also expanded internationally, particularly in the United States. The Doshi siblings have committed USD 1.2 billion through 2028 to build a solar manufacturing base in Texas. For the fiscal year ending March 31, 2025, Waaree Energies reported a 27% growth in revenue, reaching $1.6 billion, while net profit jumped 51% to $19.8 billion, driven by high production and strong demand for solar installations across India.

Philanthropy

No specific amounts of philanthropy could be found.

Career Timeline

2024

Waaree Energies IPO

Waaree Energies listed on the Indian bourses, making Viren Doshi and his brothers instant billionaires.

2007

Shift to Solar Manufacturing

Waaree Energies began manufacturing solar panels.

1990

Waaree Energies Founded

Hitesh Doshi founded Waaree Energies as a manufacturer of industrial gauges.

Philanthropic Impact

Information not availableUndisclosed

Information not available

No specific philanthropy initiatives could be found.

Key Business Ventures & Holdings

CompanyStakeValue
Waaree Technologies Ltd.15.17%$0.003M

Net Worth History

In-Depth Analysis

Early Life

Viren Doshi was born in India. Information regarding his early life and education is limited, but he is an engineering graduate from Cornell University.

Rise to Success

Viren Doshi, along with his brothers, built their fortune through Waaree Energies. The company was originally founded in 1990 by his brother Hitesh Doshi as a manufacturer of thermal and pressure gauges. Seeing the potential in renewable energy, Hitesh steered the company towards solar panel production in 2007. Viren Doshi is a director on Waaree's board and oversees engineering, procurement, and construction. In October 2024, Waaree Energies listed on the Indian bourses, with the listing making Viren and his three brothers instant billionaires.

Key Business Strategies

Waaree Energies has become India's largest solar panel maker by production capacity. The company manufactures solar cells, inverters, transformers, and complete solar modules. Waaree has also expanded internationally, particularly in the United States. The Doshi siblings have committed USD 1.2 billion through 2028 to build a solar manufacturing base in Texas. For the fiscal year ending March 31, 2025, Waaree Energies reported a 27% growth in revenue, reaching $1.6 billion, while net profit jumped 51% to $19.8 billion, driven by high production and strong demand for solar installations across India.

Philanthropy

No specific amounts of philanthropy could be found.

Data Sources & Methodology

Figures for Viren Doshi are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.

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