The first question that arises in your mind is ‘How to start solar installation business in India? India is the third largest market in the world after China. There is a high demand for it in the market because everyone is moving towards using renewable energy resources. The reason for this is that India is moving fastest towards alternative sources of energy like wind and solar.
According to recent analysis, India is on track to move towards its solar target, with installations expected to increase by 14 GW in 2019. There are a huge number of opportunities for solar installation business in India.
Required for the Business of Solar Installation
Solar Installation Business Requirements:- Many things are required to start this business but the requirement of things depends on the size of the business because if this business starts on a small scale then many things are not required and if the business starts on a large scale then there are many requirements. Solar Installation Business project report
- Investment
- Land
- Business plan
- Building
- Machine
- Electricity, water facilities
- Staff
- Raw material
- Vehicle
- Now below we will tell about all in detail that what thing is required and how much.
Investment for Solar Installation Business
Investment in this business depends on this business and land because if you start a big business then you have to make more investment and if you start a small business then you have to make less investment in it and if you have your own land then work can be done in less money and if you take land on rent or buy it then its investment is 100%.
Documents Required for Solar Installation Business
Document For Solar Installation Udyog If you start any business, some personal documents are required and some business related licenses are required such as;
Personal Document
- ID Proof:- Aadhaar Card, Pan Card, Voter Card
- Address Proof:- Ration Card, Electricity Bill,
- Bank Account With Passbook
- Photograph Email ID, Phone Number,
- Other Document
Business Document (PD)
- MSME industry Aadhaar Registration
- Business Registration
- Business pan card
- GST Number
Solar Installation Business Process
Solar Plant Business Plan
While starting a solar installation business in India, you must prepare a solar installation business plan. There is a huge demand for the business in the market, which is currently at the top for profitability and is expected to continue to be so in the future.
Do Market Research
This is the most important factor in achieving the success of your business. You should know about the market for solar energy products and your competitors, raw materials, other incurred costs, only then you can be successful in your business.
Make a Business Plan
While starting a solar business in India, you must prepare your solar plant business plan, on which you will be working. The plan includes land, labor, building and overall finance required to run the business.
License and Certification
For starting any good company or if you want to start a business, then it is very important to have License and Certification. These include – Memorandum of Association, Certificate of Incorporation, Articles of Association, TAN, PAN and GST.
Registration
After getting the license, it is necessary to do registration. For this, you have to register your firm for business in the Registrar Office of your state for certificate registration. Then check all the certificates thoroughly to do the registration.
Financial Decisions
It mainly depends on the scale of your business i.e. small scale or medium scale, but generally you can start with an investment of at least Rs. 2 lakh to 5 lakh. Finance Department will mainly include: land, machinery, manpower, raw material procurement, building, transportation, office infrastructure, marketing and tax payment.
Recruit Manpower
You need to do better manpower for your firm. As it needs more hardworking and manpower to attract customers especially for new start-ups.
Conclusion
If you liked this information about Solar Installation Business in 2025. If you have any question regarding this post, then you can tell us by commenting in the comment box given below. Your feedback and suggestions are welcome as always. Thank you.
