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. Title Page No.
1 Executive Summary 4
2 Company Profile 6
3 Objective of the Study 10
4 Market Research and Data Sources 11
5 Secondary Data 13
6 Product Description 18
7 Market Potential 20
8 Market Segmentation 22
9 Estimated Market for Solar PV Inverter 24 EXECUTIVE SUMMARY
The National Action Plan on Climate Change points out: "India is a tropical country, where sunshine is available for longer hours