Early Life
Limited information is available regarding Kirit Doshi's early life. Publicly available sources do not provide details about his birth date, birthplace, childhood, or education. He is an Indian citizen residing in Mumbai, India.
Rise to Success
Kirit Doshi's wealth is primarily derived from his minority stake in Waaree Energies, India's largest solar panel manufacturer by capacity. The company was founded in 1990 by his brother Hitesh Doshi, initially manufacturing thermal and pressure gauges. However, in 2007, the company pivoted to solar energy manufacturing, a decision that significantly impacted the Doshi family's fortunes. Waaree Energies' IPO in October 2024 propelled Kirit and his brothers into the ranks of billionaires.
Key Business Strategies
Kirit Doshi, along with his brother Pankaj Doshi, played a crucial role in guiding Waaree Energies' long-term growth and strategic direction. The company has five solar module manufacturing plants across India. Waaree Energies' strong manufacturing footprint supports India's drive toward energy independence and sustainable development. Waaree Energies has also been expanding internationally, particularly in the United States, with a planned investment in solar manufacturing.
Philanthropy
There is no readily available information regarding Kirit Doshi's specific philanthropic activities or amounts.