Indian Solar Water Pumping System Market to Grow at 18.7%


Government initiatives, coupled with a reduction in cost, will drive India solar water Pumping system market, says the renew research from 6Wresearch.

According to 6Wresearch, India solar water Pumping System Market is projected to grow at a CAGR of 18.7 percent during FY 2017-22.

Currently,26 Million agricultural pumps are installed of India of which nearly 7 million pumps are diesel-based and remaining are grid-connected. However, due to unreliable grid supply and increasing diesel prices, solar water pumping system offers, immense opportunities to replace conventional pumps.

At present, the solar water pumping system market in India is subsidy driven, where non-subsidized pumps account for a marginal share in the market. The ministry of new and Renewable Energy(MNRE) is implementing solar pumping programs through states, NABARD & other Government departments.

Other Key Reports Available:

Media Courtesy : MW

ISO 9001:2015

ISO 9001:2015 CERTIFIED

Quality Management System for market research & advisory services

Cert. No. 3050261008135Q

6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here
6WExportGTM
GLOBAL TRADE INTELLIGENCE
◎

Unlock Your Export Potential

Discover product and sector-level opportunities to identify untapped export potential.

Product / Sector Level Analysis

Find Your Next Trading Partner

Identify promising international markets and discover the right countries to expand your business.

Top Trading Partners

Know Where to Invest

Uncover high-potential markets and make informed decisions about your next investment opportunity.

Where to Invest

Stay Ahead of Competition

Understand the competitive landscape, identify key players and discover gaps in global markets.

Market Competition Analysis

Leadership Perspectives from Industry Events

6Wresearch in the News

Thought Leadership and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Industry Events and Analyst Meet

Whitepaper

Read All