Oswal Pumps, a leading name in the solar pump manufacturing sector in India, has unveiled its latest strategy presentation, emphasising its rapid growth and expansion in the solar pump industry. The company, recognised as one of the fastest-growing vertically integrated solar pump manufacturers in India, attributes its success to comprehensive backward integration and a strong focus on innovation.
The presentation outlines Oswal Pumps‘ extensive experience in providing turnkey solutions for solar pumping systems. This includes the integration of pumps, motors, solar panels, and other essential components. The company operates two major manufacturing facilities, one of which is among India’s largest single-site facilities for pumps and motors, and another with a 570MW capacity for solar modules.
Key highlights from the presentation reveal a compound annual growth rate (CAGR) of 54.7% over the last five fiscal years, showcasing the company’s impressive revenue growth. Oswal Pumps has also established a significant presence under the PM KUSUM scheme, becoming one of the largest suppliers of turnkey solar pumping systems, with over 64,003 pumps delivered as of April 30, 2026.
The company’s strategic timeline highlights significant milestones, including the establishment of a new manufacturing plant in Karnal, Haryana, in 2012, and the listing on BSE and NSE on June 20, 2025. Oswal Pumps has also been proactive in government tenders, securing contracts with various state nodal agencies and power distribution utilities.
Oswal Pumps’ commitment to quality is underscored by its ISO certifications and inclusion in the approved list of manufacturers for solar modules by the Ministry of New and Renewable Energy, Government of India. The company also boasts an extensive distributor network across India, enhancing its retail reach and brand recognition.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).