Eninrac Sees IPOs Boosting Solar Manufacturers’ Growth
Domestic Solar Manufacturers in India are launching IPOs to fund expansion, with optimistic growth prospects driven by rising demand & Government Policies. Eninrac’s MD Ravi Shekhar highlights IPOs as a response to Production-Linked Incentives (PLIs) & restrictions on Chinese imports. While IPOs signal confidence, experts warn of potential market consolidation, favoring larger, capitalized firms.
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