Business proposition

The company has been engaged in solar energy products for over 24 years. Their main specialization is LIGHTING - be it LED / CFL / Sodium Vapour / Metal Hylaide or be it portable/indoor lighting / outdoor lighting

The end products/application manufacturing factory is located at Chennai and Module manufacturing plant is at Singapore. Visit: www.ecosolar.com.sg

The company was selected as Best Small Scale Industry in India in 1996.

Social and Environmental Impact

A new and innovative solar lamp named WONDERLITE has been manufactured by them for poor people in India. The company has partnered with EXNORA - a NGO based out of Chennai to cater to 1 Million solar lamp donation programme to those who need it badly but cannot afford it. The business model is worth Rs.150 crores and it is driven by those who can afford to donate a solar lamp. Visit www.lightahome.org

Current status and Expansion Plans

The company currently has staff strength of about 60 and is looking at a massive expansion programme to reach 10 million customers by 2013. The company so far has been engaged in product development, consultancy services and installation of solar systems.

Funding Requirements

Solkar Industry is on look out for funds amounting to INR 5 crores.