How To Start Solar Business In India

How To Start Solar Business In India

Hello Readers,

Welcome to our website where you can learn how to do anything. Today I'm gonna share article on How To Start Solar Business In India. 

We have researched with our Team in solar field also contacted with establish companies getting the crucial important to you.

How To Start Solar Business In India

First Question is Why Start Solar Business In India 

We all know about power consumption. As per the current situation in India, we often hear about the government loss in electric field. The worst condition of UP and Maharashtra where in 2018 loss reported above 11000 cr. This is happening every year.

And population is spreading drastically year and year and demand and consumption is also increasing. Over a period we will face shortage of electric power. So Indian government decided  to promote the Solar Business in India and providing the exemptions on it. So this will definitely good idea start solar business in India.

From Where I should Start

Whenever we think about any business first question came in our mind INVESTMENT. Every thing depend upon this. Big question is Investment. So we divided it in three categorized based on the investment. 

1- Small Investment

How To Start Solar Business In India

If your budget is not much and you just want to invest little bit. So you just need to supply the solar panel to local shops. If you belong to Delhi or other Tier 1 city you just need to find the wholesalers and take the material on 50% advance and rest on credit. And supply it who is dealing on it. This business is not very risky you don't need stock in much materials. Just understand and analyze what part demand high just supply it. 

Don't give the material on the credit. because there is very high chance your invest sucks may be you didn't get back.

If you have small infrastructure to keep the stock, it will be your plus point. For the small investor i could say this is the first step you can get in solar business.

After study with our team we realize one rule of investment. That is "ALWAYS INVEST AS MUCH AS YOU CAN EASILY TO BEAR IF THAT INVESTMENT GO AGAINST YOU" This is really keep you in your mind. This line is only for small investor. Always prepare your self financial, Emotionally and Physically to take any big decision. Please Note before invest go to market and analyze at least 1 or two month, If you satisfied then you can invest.

2- Medium Investor

How To Start Solar Business In India

For the medium investor, its a good option to get franchise. But in market too many fake franchiser exist. You need to be very careful. Always take franchise from which firms authorized with government authorities. And never pay cash to anyone. Because on the name of security money then can demand you much amount. Don't need to search online franchise there is also scam. 

What you need to do taking Solar franchise, there is few big manufacturer in India. Like Adani, TATA POER, Vikram Solar, etc. These are production companies. They made panel in their plant. So best option is approach to them seek how to get solar franchise with less amount. There is many way to do it but not easy task, Just visit their find the internal member of company by linkdin ask the how can i get this. If possible visit directly like a sales person. Connecting with internal member is good option to get franchise to any company. May they can demand for money. Its up to you how to handle situation.

   

3 - Production

How To Start Solar Business In India

Who don't have issue with in vestment and able to high value of investment. You just need to open your production factory. Remember Indian technology is not enough till this time to make module machine by self. Mostly in India manufacturer using other countries machines specially European countries have great robotic machines but its very costly. You have to pay enough for it also its service is also very expensive. So before go ahead think about it deeply. 

How To Start Solar Business In India

One more option is for Big investor is to be exclusive supplier of Solar. Yes this is great option but not easy. Many other countries looking for a firm who can give the service on the behalf of them. Its like a franchise but trading international. Supposed if you get exclusive supplier of any good company it and their machine is outstanding on the ground. Demand getting increase day by day. It will be very good option to you to start solar business in India.

We have noticed there is few exclusive supplier in India. So you have better option. Whenever you parent company want to sell anything in India even if any consumer reach directly there they will forward that query to you and there fix commission to you. Because of you are authorized person to import that company part in India.

Few chines companies promised to you if you become their exclusive supplier then they forward all query to you but they don't do the same. For the margin they can sell it directly to consumer so beware that type of companies.

For avoiding this European countries manufacturer is more reliable than others.