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<p><strong>Why he won: A range of expertise on solar projects from manufacturing to construction to consultancy for solar tech.</strong></p><p>Coming from business families, Vineet Mittal and Sunay Shah, 33, were pretty certain about entrepreneurship while studying family business management at the SV Jain Institute of Management in Mumbai. The duo saw immense potential in the solar industry and decided to concentrate their energies there.</p><p>"What the mobile phone did to the telecom industry, the solar industry did to the power sector," says Shah. "If mobile and wireless phones removed the need for laying telecom lines, solar power excluded the need for power transmission lines since it could be generated at the source of consumption."</p><p>In 2015, they set up a plant to make crystalline solar panels at an industrial estate near Surat. They took a Rs 30 crore loan, with Rs 20 crore as working capital. They bought the automated machinery from Europe for the best possible quality and non-critical machinery from China at cheaper rates.</p><div class="itemcenter"><amp-iframe height="62" title="" width="320" sandbox="allow-forms allow-scripts allow-same-origin allow-popups allow-top-navigation allow-top-navigation-by-user-activation" allowfullscreen src="https://ancillary-proxy.atarimworker.dev?url=https%3A%2F%2Fakm-img-a-in.tosshub.com%2Fsites%2Findiatoday%2Fbanner%2Fpreferred-source-new.html%3Fv%3D1.014%5Cu0026native%3D1" class="mrBt15 preferred-source-banner"> </amp-iframe></div></p><p>Their clients today range from big industrial houses to NGOs and housing societies. With a capacity of 200 MW, Navitas posted a turnover of Rs 89 crore this year, which it hopes to take to Rs 500 crore in three years.</p><div id="tab-link-wrapper-plugin"><div class="authors__container"><div class="authors__by"><div class="authlable">Published By: </div><div class="authdetaisl">Kritika Bansal</div></div><div class="published__on"><div class="authlable">Published On: </div><div class="authdetaisl">Jul 13, 2018</div></div></div><div class="sendros">--- ENDS ---</div></div>

make-in-india

Make in India

<p><strong>Why he won: A range of expertise on solar projects from manufacturing to construction to consultancy for solar tech.</strong></p><p>Coming from business families, Vineet Mittal and Sunay Shah, 33, were pretty certain about entrepreneurship while studying family business management at the SV Jain Institute of Management in Mumbai. The duo saw immense potential in the solar industry and decided to concentrate their energies there.</p><p>"What the mobile phone did to the telecom industry, the solar industry did to the power sector," says Shah. "If mobile and wireless phones removed the need for laying telecom lines, solar power excluded the need for power transmission lines since it could be generated at the source of consumption."</p><p>In 2015, they set up a plant to make crystalline solar panels at an industrial estate near Surat. They took a Rs 30 crore loan, with Rs 20 crore as working capital. They bought the automated machinery from Europe for the best possible quality and non-critical machinery from China at cheaper rates.</p><div class="itemcenter"><iframe scrolling="no" allowfullscreen="" frameborder="0" width="100%" height="62" awidth="320" aheight="62" amplayout="fixed" src="https://ancillary-proxy.atarimworker.dev?url=https%3A%2F%2Fakm-img-a-in.tosshub.com%2Fsites%2Findiatoday%2Fbanner%2Fpreferred-source-new.html%3Fv%3D1.014" class="preferred-source-banner" loading="lazy"></iframe></div><style>.preferred-source-banner{  margin-top: 10px; margin-bottom:10px;}</style></p><p>Their clients today range from big industrial houses to NGOs and housing societies. With a capacity of 200 MW, Navitas posted a turnover of Rs 89 crore this year, which it hopes to take to Rs 500 crore in three years.</p><div id="tab-link-wrapper-plugin"><div class="authors__container"><div class="authors__by"><div class="authlable">Published By: </div><div class="authdetaisl">Kritika Bansal</div></div><div class="published__on"><div class="authlable">Published On: </div><div class="authdetaisl">Jul 13, 2018</div></div></div><div class="sendros">--- ENDS ---</div></div>

Why he won: A range of expertise on solar projects from manufacturing to construction to consultancy for solar tech.

India Today

Here Comes the Sun - India Today

Here Comes the Sun

Vicky Kaushal is set to join Aditya Dhar's Dhurandhar 2 in an extended cameo. The actor will reportedly play Major Vihaan Shergill, his character from Dhar's 2019 blockbuster, Uri: The Surgical Strike.

Ranveer Singh in Dhurandhar and Vicky Kaushal in Uri

Dhurandhar 2 brings back Vicky Kaushal as Major Vihaan Shergill of Uri: Report

Matter has unveiled India’s first AI-defined two-wheeler platform, outlining a technology-led roadmap.

Aera

Matter unveils India's first AI-defined two-wheeler platform

Director Mohan G explains why he did not ask Sun Pictures to reschedule the re-release of Ajith's Mankatha, while expressing gratitude to producer Kalaipuli S Thanu for accommodating his request regarding Theri re-release.

Theri re-release postponed

Draupathi 2 maker reveals why he wanted Theri postponed, but not Mankatha

The Madurai bench of the Madras High Court said women in live-in relationships may be granted legal protection akin to marriage. The judge warned men against exploiting legal ambiguities through false marriage promises.

After a breakup, marriage can feel like a quick fix for lost security | Photo: Pexels/Jasmine Carter

Give wife status to women in modern web of live-in relationships: High Court

An employee in Gurugram shared how refusing an off-hours coffee meet with the boss led to workplace sidelining, which exposed subtle harassment and ineffective HR responses in corporate offices.

Employee shares how refusing a ‘coffee meeting’ with boss got him sidelined at work

Employee shares how refusing a ‘coffee meeting’ with boss got him sidelined at work (Photo: Representational Image from Pexels)

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PM Modi

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Sunita Williams

Aravalli

Davos 2026

JEE Main

Border 2

Stray Dogs

Maneka Gandhi

Jana Nayagan

Dhurandhar

Jaipur Literature Festival

WPL 2026

AR Rahman

Budget

T20 World Cup

Four days after the accident, authorities pulled out the car of the tech professional Yuvraj Mehta, whose car plunged into a water-filled pit in Greater Noida on Friday night. 

Video: Noida techie's car pulled out of the water-filled pit

From Chamoli, where locals are praying for snowfall, to Auli, where residents are demanding artificial snow, the crisis is unfolding in real time. 

Himalaya

No snow, no rain: What’s happening in the Himalayas?

In an exclusive interview with India Today, renowned foreign policy analyst Fareed Zakaria said that Donald Trump's doctrine seems to be to fight with your allies and make up with your enemies.

Fareed

Trump doctrine seems to be fight with allies, make up with enemies: Fareed Zakaria

In a significant generational shift, Nitin Nabin has formally taken charge as the National President of the Bharatiya Janata Party (BJP). 

Nitin Naveen: The New BJP National President

Nitin Nabin Takes Charge As BJP National President; PM Modi Calls Him 'My Boss'

In a significant India Today impact, the UP Police have arrested builder Abhay Kumar in connection with the death of a 27-year-old software engineer.

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Here Comes the Sun

Why he won: A range of expertise on solar projects from manufacturing to construction to consultancy for solar tech.

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