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Loom Solar, one of India's leading manufacturer of monocrystalline solar panels and AC Module, has witnessed consistent growth over the past one year, it added. The company targets to generate a revenue of over crore by the end of FY , which will be a per cent increase within a year, the statement said.

Despite the pandemic and lack of demand in the renewable segment, Loom Solar has continued to grow and received consistent inquiries and demand from across India, it noted. Since its inception, Loom Solar has raised the average revenue growth by 10X year-on-year. The company's business is operated as a commerce model with manufacturing high-end solar products available for sales to the consumer through online sales and distribution as well as offline model.

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