Mr. Shrikant Joshi
Energy Economics
In the ever-evolving world of industrial and commercial infrastructure, lighting plays a role far greater than just illumination. It is about safety, aesthetics, sustainability, and creating environments that enable people to work, learn, and thrive. At the heart of this mission stands Shrikant Joshi, the visionary founder of Energy Economics (EE), a Pune-based enterprise that has steadily emerged as one of the most trusted names in industrial and commercial lighting solutions.
The Genesis of an Idea
The story of Energy Economics began with Shrikant’s passion for engineering and his innate drive to solve real-world problems. His early career at Electronica Plastic Machines Pvt. Ltd., where he worked as an Executive Engineer in the R&D department, proved to be the launching pad for his entrepreneurial ambitions. There, he spearheaded the development of innovative energy-saving products, many of which achieved notable commercial success.
This experience not only honed his technical skills but also sparked a desire to venture out independently. “Entrepreneurship allows you to bring meaningful ideas to life and create long-term value,” he often reflects. In 2002, with a vision to contribute to sustainability and energy efficiency, Shrikant founded Energy Economics. What started with energy audits and the sale of energy-efficient systems like German Bosch gas geysers and solar water heaters soon expanded into the lighting industry that seamlessly blended his passion for technology with his belief in creating positive societal impact.
Building Energy Economics
From its modest beginnings, Energy Economics has evolved into a vibrant, forward-thinking organization specializing in innovative lighting products and solutions. Headquartered in Pune, the company today manages an annual turnover of around ₹15 crores, serving a wide spectrum of clients from individual consumers to industrial units and municipal corporations.
What sets ENERGY ECONOMICS apart is its customer-first philosophy. With a team that brings together more than 100 years of combined experience, the company has mastered the art of understanding client needs deeply and designing solutions tailored to their requirements. The portfolio spans sports facility lighting, decorative fixtures, architectural façades, heavy-duty industrial lighting, and smart lighting systems.
By adopting a flexible and collaborative approach, ENERGY ECONOMICS ensures that every stakeholder’s perspective is factored into project execution. This has enabled the company to consistently deliver design-driven solutions that not only meet but often exceed expectations. Today, ENERGY ECONOMICS commands a substantial market share in industrial and commercial lighting segments, securing its position as a preferred partner in specialized, high-end lighting solutions.
Milestones and Partnerships
Over the past two decades, Energy Economics has built a strong roster of clients, including Tata Group companies, Mercedes-Benz, Minda Group, Serum Institute of India, Fiat Automobiles, and several Pune Municipal Corporation main building, Mula Mutha Riverside Beautification, Atal Bihari Bajpayee Medical College Pune along with street light supply to Pune Smart City, municipal corporations of Nashik, and Jalgaon. Projects also include tennis courts lighting at Deccan Gymkhana and PYC Hindu Gymkhana, and Indoor Badminton Courts lighting for SAG, Goa.
Adding to its credibility, ENERGY ECONOMICS has become an authorized channel partner for industry-leading brands such as Wipro Lighting and Havells India Ltd. With these partnerships, the company is able to offer cutting-edge, energy-efficient, and sustainable lighting solutions that align with global standards of green building and smart infrastructure.
The company’s achievements have also been recognized on multiple platforms. Energy Economics and Shrikant Joshi have been honored with several awards, including the International Award for Excellence in Business from the SME Ministry of Mauritius, the Mastermind Award from Wipro Lighting, and the Samaj Bhushan Puraskar from Deshastha Rigvedi Shikshanottejak Sabha. These accolades reflect the impact of Shrikant’s vision, both in business and in contributing to society.
Overcoming Challenges
Like every entrepreneur, Shrikant Joshi faced challenges, particularly during the early years. Uncertainty, limited resources, and the difficulty of making critical decisions without complete information tested his resilience. Instead of being deterred, he adopted a “start small, test, and learn” approach. feedback loops, mentorship, and incremental improvements became the guiding principles for building a sustainable enterprise.
Another hurdle was assembling the right team. “In the early stages, every hire matters a lot,” Shrikant emphasizes. By prioritizing values and alignment with the company’s vision over just technical skills, he was able to cultivate a team culture built on trust, collaboration, and a shared purpose. Today, that culture remains one of Energy Economics’ strongest assets.
Looking Ahead
The next chapter for Energy Economics is filled with ambition. Over the next 3–5 years, Shrikant envisions the company growing into a ₹ 50-crore enterprise, expanding its market presence, and introducing AI-driven automation and smart lighting solutions that respond to the rapidly changing demands of modern infrastructure.
The focus will remain on pushing the boundaries of energy efficiency, design innovation, and sustainability, ensuring ENERGY ECONOMICS remains at the forefront of industry transformation. By blending technical expertise with a forward-looking mindset, Shrikant is confident that Energy Economics will soon be recognized as the go-to partner for industrial and commercial lighting across India.
The Man Behind the Mission
Shrikant Joshi, the driving force behind Energy Economics, embodies resilience, foresight, and quiet determination. Believing that lighting enhances safety, productivity, and quality of life, he says, “We don’t just supply lights we create environments where people can thrive.”
With innovation as his mantra, Shrikant’s journey from R&D labs to leading one of Pune’s top lighting providers reflects persistence, vision, and a strong commitment to values.
Advice to Entrepreneurs
Shrikant Joshi believes success comes through curiosity, patience, and persistence. He stresses building strong teams, seeking mentorship, and viewing challenges as growth opportunities. For him, entrepreneurship is about creating impact and lasting value not just financial gains.
In Summary
From its inception to its current position as a trusted leader in the lighting industry, Energy Economics stands as a symbol of purposeful innovation. Under the guidance of Shrikant Joshi, the company has not only delivered thousands of lighting solutions but also illuminated a path for sustainable growth, industry leadership, and societal contribution.
Contact : +91 9860013555
Email : shrikant@saveurja.com
Website : www.saveurja.com
Facebook : shrikant Shrikant and page Energy Economics
Instagram : shrikantj3
