Top solar water pump manufacturers in India: Who’s leading the rural irrigation race in 2025?

What is driving demand for solar water pumps in rural India?

India’s agrarian economy remains highly dependent on reliable access to irrigation, yet many regions continue to face erratic electricity supply and limited diesel affordability. Against this backdrop, solar-powered irrigation pumps have emerged as a transformative solution, particularly in off-grid and semi-grid areas. Government policies like the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) have significantly accelerated this transition by offering upfront capital subsidies for standalone solar pumping systems.

In FY25, as Component-B of PM-KUSUM expands across Indian states, manufacturers with engineering capabilities, logistics scale, and field-level service networks are jostling for position in a market projected to cross ₹9,000 crore annually. This article examines the top solar pump players driving India’s rural clean energy transformation in 2025.

How does the PM-KUSUM scheme support solar pump adoption?

Launched by the Ministry of New and Renewable Energy (MNRE), PM-KUSUM aims to install over 3 million solar pumps by 2026, reducing diesel dependence and enhancing farm incomes. The scheme is divided into three components, with Component-B targeting 20 lakh standalone solar pumps for off-grid locations. These systems are particularly critical for water-stressed states with patchy grid power, such as Rajasthan, Maharashtra, Madhya Pradesh, and Uttar Pradesh.

While the central government initially allocated funds and coordination through SECI, implementation has now shifted to state nodal agencies like MEDA (Maharashtra), HAREDA (Haryana), MPUVNL (Madhya Pradesh), and others. Manufacturers winning large orders under these tenders gain access to recurring installation and maintenance contracts—a high-margin, long-cycle opportunity in India’s evolving agri-tech market.

Who are the top solar pump manufacturers in India in 2025?

Crompton Greaves Consumer Electricals Limited (NSE: CROMPTON)

Crompton recently secured its largest-ever solar pump order, a ₹101 crore contract from Maharashtra Energy Development Agency (MEDA) to supply 4,500 standalone solar-powered water pumping systems. This turnkey order, announced on June 13, 2025, includes a five-year comprehensive maintenance agreement and represents a significant shift in Crompton’s product portfolio toward clean-tech solutions.

With active operations already underway in Rajasthan and Haryana, Crompton is now preparing to execute new contracts in Madhya Pradesh, positioning itself as a key player in decentralized solar infrastructure for irrigation. Its execution strengths include a robust district-level service network and modular DC submersible pump technology suited for rural environments.

Shakti Pumps (India) Limited (NSE: SHAKTIPUMP)

Shakti Pumps remains the most established and specialized solar pump manufacturer in India, with an early-mover advantage in solar irrigation systems. As of Q4 FY25, the company has executed PM-KUSUM projects across over nine states and reported a solar pump revenue of ₹532 crore for FY25, marking a 22% year-on-year increase.

Shakti has a strong presence in states like Madhya Pradesh, Rajasthan, and Uttar Pradesh, often winning tenders via both direct implementation and EPC partnerships. Its product range spans AC and DC pumps, with in-house solar panel manufacturing providing integrated delivery. Analysts expect Shakti to lead future bid cycles under KUSUM Phase III due to its installed base, technical approvals, and high serviceability score across rural zones.

Jain Irrigation Systems Limited (NSE: JISLJALEQS)

Jain Irrigation is leveraging its legacy in drip irrigation and water management to integrate solar pumping solutions into its agri-tech offerings. Though traditionally known for micro-irrigation systems, Jain Irrigation has begun scaling its solar pump business under PM-KUSUM, especially in Maharashtra, Gujarat, and Telangana.

The company’s ability to combine solar pumps with precision irrigation allows for bundled solutions, which are attractive to state governments seeking holistic water-use efficiency. Institutional coverage of Jain Irrigation remains cautious due to past debt restructuring, but its position in government vendor lists and integrated water solutions gives it a distinctive edge in niche solar+drip applications.

Tata Power Solar

Tata Power Solar, a subsidiary of Tata Power Company Limited, has focused on large-scale rural EPC solar projects, including integrated solar irrigation deployments. Though it does not operate as a pureplay solar pump OEM, the firm has participated in PM-KUSUM rollouts through EPC partnerships with state agencies and agricultural cooperatives.

Tata Power Solar’s strength lies in its ability to manage last-mile deployment across difficult terrains, backed by financial stability and brand trust. Its solar pump installations are part of bundled rural electrification projects in Odisha, Jharkhand, and Chhattisgarh. Going forward, the company may expand its portfolio with strategic OEM tie-ups for standalone solar pump solutions under Component-B tenders.

Kirloskar Brothers Limited

Kirloskar Brothers is a traditional powerhouse in industrial and municipal pumping but has started entering the solar pump segment via its rural and agricultural divisions. While its market share remains modest in solar pumps, the firm’s trusted brand and presence in water infrastructure projects make it a potential second-tier player in government tenders.

Recent participation in pilot solar pumping projects in Madhya Pradesh and Karnataka suggests that Kirloskar is testing the market with hybrid systems that integrate solar inputs into its existing centrifugal pump architecture. Its advantage lies in pump design and durability, but service scale and solar system integration remain areas of catch-up.

How do Crompton, Shakti Pumps, and Jain Irrigation compare on scale and execution?

Crompton brings strong pan-India service coverage, a household brand, and quality-driven product engineering, though it is newer in solar execution compared to others. Its ₹101 crore MEDA win puts it firmly on the national radar.

Shakti Pumps, by contrast, has deep technical experience and the widest portfolio of MNRE-approved solar pumps, but it faces pricing pressures in highly competitive tender markets. It leads on volume and installed base.

Jain Irrigation differentiates itself with bundled irrigation + solar strategies, which are appealing for water-scarce regions, but its growth has been constrained by legacy financial overhangs.

In terms of FY25 tender momentum under the PM-KUSUM scheme, Crompton Greaves Consumer Electricals Limited is estimated to hold between 6% and 7% of the total tender value awarded nationwide, following its ₹101 crore win in Maharashtra. Shakti Pumps (India) Limited maintains a clear leadership position with an estimated 20% to 25% share across all participating states, reflecting its early entry and strong technical approvals across categories. Jain Irrigation Systems Limited commands a smaller share of approximately 5%, but it remains dominant in integrated irrigation contracts where solar pumps are bundled with drip systems and water management infrastructure.

What is the future outlook for India’s solar irrigation market?

The solar water pump segment is forecasted to grow at a CAGR of over 14% through FY30, fueled by rising subsidy allocations, falling solar panel costs, and increasing water stress in farm regions. PM-KUSUM remains the single largest policy lever driving adoption, with central and state governments allocating over ₹34,000 crore cumulatively across all components through FY26.

Future tender activity is expected in Uttar Pradesh, Bihar, and Chhattisgarh in H2 FY26, with potential new schemes to replace aging diesel pump sets in low-income districts. Analysts believe that solar pump penetration could rise from the current 12% to nearly 30% of all irrigation pumps by 2030.

For manufacturers, future success will depend on execution reliability, after-sales support, and integration with smart agriculture platforms. Crompton, Shakti, and Tata Power Solar are all investing in digital pump monitoring and mobile-enabled service tracking to increase system uptime and farmer satisfaction.

What is investor sentiment toward solar pump stocks in 2025?

Among the listed players, Shakti Pumps (India) Limited has seen renewed institutional interest following steady earnings from KUSUM-linked contracts. Its stock trades at a forward P/E of 24.8x, with FIIs holding a 9.6% stake as of March 2025.

Crompton Greaves Consumer Electricals Limited, despite being better known for fans and appliances, is now under watchlist by analysts covering ESG-linked verticals. Its June 2025 ₹101 crore solar pump contract may offer revenue visibility across FY26–27, depending on timely execution.

Jain Irrigation Systems Limited has lower investor confidence due to past financial restructuring but could be a long-term bet if its integrated model gains traction.

Market participants expect solar pump verticals to be margin-accretive and see them as a hedge against seasonality in core electricals or irrigation businesses.