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Market Potential for Solar Pv Inverter

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Market Potential for Solar Pv Inverter

Page 1 of 24
A
PROJECT REPORT
ON

MARKET POTENTIAL FOR SOLAR PV INVERTER IN INDIA

FOR

VMC Systems Limited,
Greenlands, Begumpet, Hyderabad

BY

Vrindavan Aheer Yadav
R.No: 005
(M.B.A 2011-2013)

SUBMITTED IN THE PARTIAL FULFILLMENT OF MASTER OF BUSINESS ADMINISTRATION TO THE
OSMANIA UNIVERSITY

ACKNOWLEDGEMENT

Any accomplishment requires the effort of many people and this work is not different. I wish to express my deep sense of gratitude and profound thanks to Prof. Dr. Rajeshwari Rayudu for giving me the opportunity to work with VMC Systems Limited, Hyderabad on this project.

I would like to express my heartfelt gratitude to my project guide Prof. Dr. Rajeshwari Rayudu without whom this project would not have been a success. From the very beginning till the end of completion of this report he was the main source of guidance and motivation for me.

Grateful acknowledgement is made to all the staff of VMC Systems Limited, Hyderabad for supporting me in this project.

I also want to place my gratitude to Mr. V.S. Vinayak – Vice President, VMC Systems Limited, for providing me with an opportunity to do this project and also for his help and cooperation throughout the project.

I also express my deep senses of gratitude to the Director of Wesley PG College, Prof. Dr.B. Vimal Sukumar, for providing the excellent facilities and infrastructure thereby enabling to perform this Project work.

Vrindavan Aheer Yadav

CONTENTS

S. No.TitlePage No.
1Executive Summary4
2Company Profile6
3Objective of the Study10
4Market Research and Data Sources11
5Secondary Data13
6Product Description18
7Market Potential20
8Market Segmentation22
9Estimated Market for Solar PV Inverter24

EXECUTIVE SUMMARY

The National Action Plan on Climate Change points out: "India is a tropical country, where sunshine is available for longer hours...