Designing Financing Interventions to Catalyze Solar Pumps Market in India

The solar pump market has witnessed a significant thrust due to the launch of the KUSUM (Kisan Urja Suraksha evam Uhaan Mahaabhiyan) scheme by the government. Even as KUSUM is getting rolled out as a flagship national scheme, it is critical to ensure that business case, market ecosystem and operational mechanics of the solar pump product itself are well established. This report maps the current landscape for the solar pumping segment in India and identifies market gaps and business model interventions that can act as a growth lever.

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