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Eninrac Sees IPOs Boosting Solar Manufacturers’ Growth


Last Update 06 November 2024

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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