Waaree signs principal partnership with Rajasthan Royals

Waaree Energies Limited has entered into a partnership with Rajasthan Royals as the Main Principal Partner for the ongoing T20 season. The company’s logo will appear on the front of the team’s matchday jersey and training kits. The development was disclosed to BSE and NSE on March 18, 2026, through a revised filing that corrected an earlier description of the arrangement as a title sponsorship.

Partnership scope
The association provides Waaree with front-of-jersey visibility during one of India’s most widely viewed sporting events. The positioning is expected to increase brand exposure beyond its core industrial and business-to-business segments.

Company profile
Founded in 1990 and headquartered in Mumbai, Waaree has solar photovoltaic (PV) module manufacturing capacity of about 22.3 GW and solar cell capacity of up to 5.4 GW across facilities in India and overseas. Its operations span more than 25 countries and include modules, engineering, procurement and construction (EPC) services, battery storage, green hydrogen, and data centre infrastructure.

Market context
The partnership comes as domestic solar manufacturers compete for market share and visibility. Brand-led outreach through large sporting platforms is emerging as one route to expand recognition beyond traditional industry channels.

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