Components of Solar Rooftop System and Types of Rooftop Solar Power

Solar PV rooftop systems are known for its ease of installation, low maintenance, and longer lifetime. The systems are financially viable with a decent return of 15% according to project reports.  Rooftop Solar PV has huge potential, and the government policies and regulations are already in place to promote large scale deployment.  Rooftop solar comes as grid based and off grid. Rooftop solar falls under Grid-based when the rooftop consumers are connected to the larger grid that is owned by Read more [...]

Global Automakers’ Challenge to Gain India Market – Ford Motor Company and Automobile Market in India

Ford Motor Company, the world's biggest carmaker will cease its operations in India after 25 years of business in the country.  According to the automaker, it would be difficult to return to profitability in India in the near future, since it incurred a $2 billion loss.  Ford India will close its manufacturing in Sanand, Gujarat, by the fourth quarter (Q4) of 2021, and it will close its Chennai facility by the fourth quarter (Q4) of 2022,  After MAN Trucks, General Motors, Harley Davidson, and Read more [...]

What are the Causes of Chip Crisis – How it Can be Mitigated

The chip shortage has caused much disturbance among the industries since they struggle to meet the increasing demand of electronic products and components.  As of now, the companies are adjusting in their own ways, and most do not expect a resolution any time soon. The chip scarcity as an industry-wide issue that may not be addressed until at least next year, if not 2023, according to market research data.  Chip demand is very strong, and there is no reason to anticipate a sudden oversupply Read more [...]

Lessons to Learn from SRI LANKA Economic Crisis – Causes and Remedial Action

The recent drop in the Sri Lanka economy is an interesting topic to analyse. The country has faced huge forex reserves are depleting, resulting in currency depreciation, inflation, and a supply crunch.  Due to the supply shortages, people are waiting outside shops to stock up on essential goods.  The unexpected surge in demand and panic purchasing has resulted in rising prices.  This prompted the Sri Lankan government to declare an emergency, which allowed authorities to confiscate goods and determine Read more [...]