1. Mukesh Gupta
Co-Founder & Managing Director

2. Solar Panel &
Batteries
Grid Tie ,Off-Grid & Central
Solar Inverters
Projects
Manufacturing

3. Micromax Energy Limited
Our mission - Indigenization of entire value chain -from research to production - in energy saving, energy generation and energy storage products

4. Promoters Of Micromax Promoted by pioneers in electronics industry
Mobile
Consumer Electronics
manufacturing
Energy
Solar Cell in 2010
Everything in 2016

5. Why Make in India Energy Security
One important aspect of shifting to Solar is energy security. We are secure only if the entire value chain is indigenous
Presently we shifted from Gulf to China
Skill Development and Employment Generation
Manufacturing eco system supported by R&D is necessary for skill development and employment
Currently India is
Totally dependent on Imports. No local R&D, manufacturing or eco system.
In solar panels the critical component is imported. The solar cell. Even most panels, Inverters are imported. Which are deployed in projects.

6. Help us Make in India De-incentivize Incentivize
A subsidy(local content) and tax structure(customs) to negate the china effect
Indian manufacturers should have a say in planning the above
Micromax energy was founded to manufacture solar cells in We have since stopped thinking about it.
Incentivize
We should have industry led consortiums for government support
We led a consortium for development of 100kVA indigenous solar inverter in 2009
DOE instead funded their own and asked us to buy the technology from them. Yet to see a Indian commercial scale inverter.
Tax structure and Subsidy must promote backward integration
Local cell phone industry took off because government allowed import of SKD at 0% while taxed the full unit at %
In just 2 years from negligible production, India now manufactures 100 million units

7. Concluding Remarks
Total Indignation is important to avoid the energy security issue shifting from gulf to china
Involvement of industry for tax and subsidy planning
Industry led consortium for R&D