Archive · 2 Jan 2026
Gujarat Solar Company Invests ₹1,700 Crore in Ratlam
A big company from Gujarat is going to build a solar energy factory in Ratlam, Madhya Pradesh.
They will spend ₹1,700 crore to make solar panels, batteries, and other equipment.
This will create a lot of jobs for people in the area.
The factory will be near a big highway and is expected to start making things by 2026-27.
The government wants to make more solar energy in India, and this factory will help with that goal.
It will also help people in Ratlam learn new skills for these jobs.
Hexatron Industries Limited will invest ₹1,700 crore in a solar manufacturing unit in Ratlam, Madhya Pradesh.
The project will create 3,000 direct jobs and 5,000-10,000 indirect jobs in the region.
The factory will produce solar PV modules, inverters, and battery storage systems with a capacity of over 200 megawatts.
The Ratlam Investment Zone is strategically located near the Delhi-Mumbai expressway and covers 1,800 hectares.
The project aligns with Madhya Pradesh's goal of achieving 35 gigawatts of solar energy capacity by 2030.
- Who
- Hexatron Industries Limited, a Gujarat-based solar energy company
- What
- Investment of ₹1,700 crore in solar manufacturing
- When
- Production targeted to begin in 2026-27
- Where
- Ratlam Investment Zone, Madhya Pradesh
- Why
- To establish a solar manufacturing hub and create jobs
- Investment Amount
- ₹1,700 crore
- Company Name
- Hexatron Industries Limited
- Location
- Ratlam Investment Zone, Madhya Pradesh
- Land Allotted
- 61 acres
- Production Capacity
- Over 200 megawatts
- Job Creation
- 3,000 direct and 5,000-10,000 indirect jobs
- Expected Completion
- 2026-27
- State Goal
- 35 gigawatts of solar energy capacity by 2030