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Powering the Data‑Center Decade: A Deep-Dive into TD Power Systems Business
Powering the Data -Centre Decade: A Deep-Dive into TD Power Systems Business TD Power Systems (TDPS) makes money primarily by designing and manufacturing AC generators and large motors for industrial and power applications, with a smaller EPC/project business, and a growing skew towards exports and higher‑value gas and industrial applications. Rising export volumes drive its economics, an improving product mix (gas generators, motors, aftermarket), and operating leverage on

Ankur Kapur
4 min read


Websol Energy System: Manufacturer of high-quality solar cells and modules.
Websol Energy System makes almost all its money by manufacturing and selling solar photovoltaic (PV) cells and modules, with revenue currently concentrated in India and driven by a sharp scale‑up in mono‑PERC cell and module volumes at attractive margins.

Ankur Kapur
4 min read


Premier Energies: leading integrated solar PV manufacturer in India
Premier Energies: leading integrated solar PV manufacturer in India
Premier Energies makes money primarily by manufacturing and selling solar PV cells and modules, with India as the core market and a growing export franchise, and is gradually adding upstream (ingots/wafers) and adjacent products (storage, inverters, EPC) to deepen integration.

Ankur Kapur
4 min read


Waaree Energies: India’s largest manufacturer and exporter of solar modules
Waaree Energies: India’s largest manufacturer and exporter of solar modules Waaree Energies makes most of its money by manufacturing and selling solar panels (modules), with smaller but fast‑growing revenue from EPC (turnkey solar projects) and a tiny share from power generation. What Waaree sells and where money comes from The core business is solar PV modules (panels) sold to power plants, commercial/industrial rooftops, and exports; this accounts for roughly mid‑80% of rev

Ankur Kapur
9 min read


Polycab - India’s leading manufacturer of cables and wires.
Polycab - India’s leading manufacturer of cables and wires.

Ankur Kapur
13 min read
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