#44
Solar Industries Group – Manufacturing for Defence, Securing the Future
Key Person: Satyanarayan Nandlalji Nuwal
Net Worth (INR)
₹39,871 Cr
Net Worth (USD)
$4,778Mn
Location
Nagpur
Industry
Satyanarayan Nuwal’s Solar Industries began with industrial explosives and evolved into a critical player in India’s defence and aerospace manufacturing ecosystem. Their deep focus on R&D, supply-chain precision, and Make in India aligns closely with national goals. The Nuwals are not just manufacturing safety they’re building strategic independence.