solar products Oct 22

Indore | Monday | 22nd October, 2018

Summary:

Solar products are ecofriendly and we at this stage should realize the importance of environment safe products.” Indore: Almost flat demand and rising solar panel costs amid no subsidy on commercial use is preventing the growth of solar products in the market, industries said.Manufacturers and suppliers of solar products demanded that subsidy on commercial use of solar products can help lift the demand.“In India, solar products are in growing stage and scope is huge. At present, there’s no subsidy on commercial use of solar products but if government provides subsidy it will lead the market vertically”, said R C Soni, director, sales and marketing at a solar products manufacturing firm.Soni has exhibited solar energy run refrigerator for commercial use at International Industry and Technology and Future Energy Expo that saw over 100 exhibitors from across the country.Soni said, “Solar products are expensive but very useful in areas especially rural belts that do not have smooth electricity supply.”Manufacturers said, solar products are about 20 to 40 per cent expensive than the conventional products due to imports of over 70 per cent panels from China and subpar quality panels manufactured locally.Association of Industries Madhya Pradesh (AIMP) president Alok Dave said, “Demand for solar products is still weak in the country and we as industries want the government to interfere and announce some subsidy on products so that the market grows.”At the Industrial expo, manufacturers and suppliers of dairy machinery, plastic, food processing, engineering products and furniture among others had also participated.Gyan Prakash Godhane, a manufacturer of solar products said, “I believe the reason for poor market of solar products is lack of awareness..