2:22 pm - Monday July 28, 2014

Anu Solar to open 2,000 solar products franchisees in India

Bangalore based company Anu Solar Pvt Ltd, a leading manufacturer and seller of solar products , will soon be opening 2,000 stores across the country on franchisee basis. The stores will be known as the ‘One Stop Experience stores’ and will promote the usage of solar power.

The government wants to encourage the use of solar energy but at present there are no private retailers for the solar products. It will have an investment of about ₹25 lakh per store and the turnover is expected to be more than ₹6 crores per year per store. The company hopes to open at least 50 stores in India by the end of the year.

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