| Solar and Grid-Connected Pumps | Manufacture and sale of solar-powered agricultural pumps, grid-connected pumps for irrigation and industrial use | Backward integration in pumps and motors, government empanelment, strong distribution network | Farmers, government agencies (B2B, B2C), distributors across India | Turnkey solar pumping systems and advanced stainless steel pumps | 1359 | 96 | Product sales, turnkey system installation, maintenance, and EPC services | Project-based contracts and direct sales with competitive tendering | Government solar irrigation schemes (PM-KUSUM), renewable energy adoption, agricultural modernization | Oswal Pumps solar submersible and monoblock pumps |
| Solar PV Modules Manufacturing | Manufacturing solar photovoltaic modules used within own systems and for external sales | ISO certifications, approved supplier by Ministry of New and Renewable Energy | Internal group entities, solar EPC players (B2B) | Integrated production with future in-house components like EVA encapsulants | 50 | 4 | Sale of solar modules to own EPC projects and external clients | Direct sales, contract manufacturing pricing | Expansion of solar module capacity, government support for solar energy | Oswal Solar Modules |
