Vikram Solar sees bright prospects in PV module manufacturing business

One of the earliest entrants in the PV module manufacturing business in India is seeing brightening prospects for this former sunrise sector

Late last month, Kolkata-based Vikram Solar anno­u­nced that it would set up a 1.3 Gw solar PV module manuf­acturing in Indospace Industrial Park, Oragadam, Tamil Nadu. With this, Vikram Solar’s cumulative PV module manufacturing capacity will reach 2.5 Gw, making it the largest in India.
 
That’s a long journey from 2006, when Gyanesh Chaudhary decided to branch out into the solar sector under the aegis of parent Vikram Group of Kolkata. He was not the only second-generation businessman to do so. Over the past decade, renewable energy caught the fancy of many business houses in India — from bhujia