The Solar Group embarked on its journey in 1995, establishing a single production plant near Nagpur in Central India. With an initial annual capacity of 6000 mt, the company later went public with its IPO in 2006, leading to the expansion of its capacities across India. This impressive growth can be attributed to the visionary leadership of Mr. Satyanarayan Nandlalji Nuwal, the Chairman of Solar Group. As the Indian government opened up the defence sector to promote self-reliance, Solar Group aligned its vision with the nation's goal of nation-building.

Today, Solar Group stands as a prominent manufacturer of industrial explosives, accessories, ammunition, and propellants. It holds the distinction of being the largest exporter of industrial explosives and accessories in the country. With exports to over 75 countries, the group operates 10 manufacturing units in 8 different countries. Its wide range of products finds application in mining, quarrying, construction, infrastructure projects, seismic exploration, and underwater blasting. To meet the growing demand, Solar Group produced close to half a million explosives in the last financial year. These sectors are effectively served through its flagship company, Solar Industries India Ltd, along with its wholly owned subsidiary, Economic Explosives Ltd, and Solar Overseas Mauritius Ltd.

Solar Group has consistently prioritized safety, quality, and reliability as the cornerstones of its work ethic. The company has remained at the forefront of technology assimilation, constantly striving for innovation and improvement.