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Waaree Energies’ arm enters into India's specialty gases business

25 Sep 2026 Evaluate

Waaree Energies’ wholly owned subsidiary-- Waaree Clean Energy Solutions (WCES) has entered into India's specialty gases business. WCES aims to be a one-stop supplier to the country's semiconductor and solar cell manufacturers.

India is expanding chip and electronics manufacturing under the Semicon India 2.0 programme. High-purity process gases and chemicals are still largely imported, and that supply has become a critical bottleneck. WCES is building a specialty gases plant at GIDC Saykha, Dahej, Gujarat, to close that gap with domestic supply across India. 

Waaree Energies is primarily engaged in the business of manufacture of solar photo-voltaic modules, setting up of projects in solar space and sale of electricity.


Peers
Company Name CMP
Waaree Energies 2395.00
Apar Industries 17817.55
Havells India 1045.90
Suzlon Energy 39.50
Siemens 3744.80
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