How to start a solar-powered appliance business in India?
Starting a solar-powered appliance business in India is highly promising due to increasing demand for clean energy solutions. Here’s how you can proceed:1. Market Research: Identify high-demand appliances like solar water heaters, solar fans, portable solar lamps, or solar-powered chargers.2. Supplier Partnerships: Collaborate with manufacturers or import quality solar panels and appliances. Ensure compliance with BIS (Bureau of Indian Standards) certifications.3. Business Registration: Register your business, obtain GST registration, and consider MSME registration for subsidies and incentives.4. Sales Channels: Sell through local distributors, online marketplaces like Amazon, and renewable energy exhibitions.5. After-Sales Service: Provide installation and maintenance services to build trust and loyalty.Government incentives like MNRE’s solar subsidies can also help reduce startup costs. For details, visit MNRE official site.