India: Sunny days ahead for solar market

India is becoming an attractive solar market and firms such as Moser Baer and US-based Signet Solar are confident of the growth in this market. The recent semiconductor policy sops
The deal could get Moser Baer Photo Voltaic (MBPV) around $1 billion in revenues over the period of the contract. A company spokesperson, however, declined to put any figure to the deal.

The confidence in the market can be gauged when Moser Baer group CFO Yogesh Mathur notes: