13-June-2026
Corporate News
 
Emmvee evaluating diversification into polysilicon, ingots, wafers as part of backward integration plans
09-Jun-2026

Bengaluru-headquartered green energy major Emmvee Group, a pioneer in solar energy having launched the country’s first solar water heaters way back in 1992 under Solarizer label that became the largest solar water heater not only in India but also in Europe, now a leading manufacturer of solar modules and cells, is on a massive expansion spree investing `5,500 crore in a greenfield gigafactory at Devanahalli in Bengaluru. In an interview with TNIE’s Benn Kochuveedan, group founder chairman DV Manjunatha Donthi, tells the new plant, spread across 100 acres is 5x bigger than the present facility, will make it the largest integrated player. Edited Excerpts: How has the supply-chain disruptions following the Iran war hit you? How much of the raw materials are imported?

News Source:- https://www.newindianexpress.com/business/2026/Jun/07/emmvee-evaluating-diversification-into-polysilicon-ingots-wafers-as-part-of-backward-integration-plans