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Franchise India consults Nuetech Solar for its expansion by Ruchika Malhotra
Franchise India consults Nuetech Solar for its expansion
Nuetech Solar, the market leader in solar thermal industry and Indiaâs largest solar water heater manufacturer, is geared up to spread out its presence across India through franchising route as a mode of expansion, with the expertise of Franchise India. Franchise India is Asiaâs largest integrated Franchise and Retail Solutions Company that specializes in providing innovative solutions to its global clientele.
Incorporated in 1992, Nuetech has become the market leader in solar energy products in India. They are a BIS certified company maintaining ISO 9001-2000 standards. Nuetech is the largest OEM supplier in India and 3rd largest manufacturer in Indian solar water heater industries.
They have been awarded the Rashtriya Rattan award for 2002. The companyâs solar collectors are approved for ISI and have Marking license from BIS and are tested and certified by Solar Energy Testing Centre, Madurai, Kamaraj University, MNES & IREDA. To its credit, itâs the first company in India which got host company approval under CDM project (solar water heaters) .The Company boasts of strong dealer network of over 150 dealers spread primarily in south & west India. They offer excellent 24x6 Service support through their dealer network. There is an investment of Rs 4-7 lakhs for 300-500 sq ft area to enterprise entrepreneurs for building a strong franchise network.
Commenting upon this association, Ms Sonya Chowdhry, Director Planning &Strategy, Franchise India Brands Ltd, said âGreen energy is the buzzword in the present day world dominated by the thoughts of global warming and environmental pollution. Total solar energy industry is to be estimated approx INR 400 Crs and likely to touch 18.7 million by 2022. Franchisees will not only benefit being associated with such acclaimed brand but also get knowledge and industry understanding from the top most players in such competitive market. â
Nuetech have been among the first in India to show that the renewable energy sector can be a very viable route to profit. As such, they have opened up an area of business that is virtually untouched. Nuetech intends to aggressively scale up its operations over the next five years. As a SWH manufacturing and marketing company with turnover of over INR 240 million in the last financial year and an expected turnover of INR 320 million for this financial year, NSSPL has realized the large potential of the solar water heater industry, which is growing at a rate of 25-30%. Nuetech targets to expand further in all major cities & towns.
About NueTech
NueTech Solar Systems Pvt Ltd, a reputed manufacturer of solar water heating systems for domestic and industrial applications since 1992, comprises of highly spirited team of engineers and employees. NUETECH is one of the leading brands of solar water heaters in India. NUETECH is known for its efficiency, quality, reliability and strong customer support. The manufacturing plant is situated in Bangalore, the Silicon Valley of India. The factory is located at Sunkadakatte Industrial area with well equipped manufacturing plant based on modern technology. The company has 150 committed employees in manufacturing quality control, design, marketing, sales, and services.
About Franchise India
Franchise India is Asiaâs largest integrated franchise solution company since 1999, with an absolute authority on Franchising, Licensing, Retailing, Real estate and Marketing. The company has consulted several major brands over these years like Peter England, Barista, Booster Juice, Videocon, Perfect Wellness, Satya Paul, Bwitch, Action Coach, HCL, MGF, Quality Walls, Tata, Gitanjali, HSBC, Levis, JK Tyres, Lakme, Dâdamas, Adidas, Euro Kidz, The Apollo Clinic, Chhabra 555, Kidzee, Motilal Oswal, Rosebys, Next, Welhome and more, through media, advisory and exhibitions. With its strategically formed divisions, Franchise India has created its own niche as the pioneers of franchise industry and a small business authority.
For further information, please contact:
PR & Corporate Communications Manager| 09311911705| mruchika@franchiseindia.in
For more information, kindly visit: www.franchiseindia.in
Article Source: http://www.earticlesonline.com/Article/Franchise-India-consults-Nuetech-Solar-for-its-expansion/979149