This was a deep dive go-to- market study to evaluate the solar panel manufacturing market in India. The prime objective of the study is to examine the business potential for the client to set up solar panel manufacturing facility in Chhattisgarh.
The client wishes to examine the attractiveness of solar panel manufacturing business in India and is looking to explore the possibility of establishing a manufacturing unit in the state of Chhattisgarh. The client wishes to learn about the demand pockets and direct off takers of the manufactured solar panels. Furthermore, the client wishes to learn about the progressive business models most suited to go with and the respective modalities with cost economics.
Examine the investment potential of Chhattisgarh for setting solar panel manufacturing units w.r.t. diligence parameters (non exhaustive) like- availability of land parcel, electricity rates , connectivity through road, air & airways, proximity to NH, availability of skilled manpower, opportunity to scale business operations, state govt. incentives & tax holidays etc. Additionally, client also wishes to understand the product specifications w.r.t. the current demand & outlook in order to gauge the sustainability of manufacturing unit for a longer term.
The scope was broadly classified under four phases –
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