Startup Story

Innovation StartUp SolarWay NextGeneration

The Company  Product has direct and Indirect benefits, For the customer, there is 100% Power Saving when operated on Solar, Save of Electricity will give him direct financial Gain, Customer will get Payback within the shortest period after Purchase, dependency on Power will not be there, can be used in Rural Areas.

Even Customer will buy a product where Power is there put Load shading time is very high. Indirect benefits, it is pollution less, the use of Renewable Energy, highly efficient.

We are into R & D, so we are moving towards new innovations. We have beta & Gama versions for our commercialized products. If it is being copied, then we can release a beta or gama version, and we always keep moving towards new technology or innovations.

Risk:- Government Tax Policy:- 1. Some of the parts used for manufacturing air conditioners are being Imported and anti-dumping duty is being increased by time to time which affects the product cost. 2. Air Conditioner is under 28% GST, which makes the product costlier. 3. Certification:- Although Solar Ac still is not under the BEE star rating program, BEE’s star labeling norms have become more stringent.

This is a profit-making startup. We have crossed the crunch period. yes, we are looking for good numbers in investment for R & D and to work on our upcoming new products, which will be green & eco-environmental and pollution-free.

Emotions & money both keep their own value in business. Without emotions, you cannot create money and without money no business.

Strength:-

  • working on products which has a huge market and working on clean energy or working for the environment (clean environment)
  • Team
  • High energy-efficient products

Weakness:-

  • most of the components & products we have to import for R&D, which are much costlier.

No good R&D lab, if available very costlier, so high expenses in R&D

A developed air conditioner which saves up to 80% electricity bill

If you have a goal in life and a strong team working for your dream then no pressure. Just self-motivation that there is no pressure of work. Related:-9 Productivity Hacks To Get More Done As A Startup Founder

we won’t sell this company, this is our dream company and passion to work on green environment

If you are starting

  • Honest with your work
  • Work what is your passion, and if no passion then make your present work as a passion
  • Don’t work only for money
  • Work for your dream
  • I was expecting you will ask our achievements:-

Nominated as a Team member of “The India Japan Business Leaders Forum representing India Industry 2018” with India PM  Narendra Modi and Japan PM Mr. Shinzo Abe.

Self Motivation

There are always two conditions you are facing.

Either you are struggling or established

So I always self motivate in both conditions.

If it’s a struggling period then self motivate to work hard and honestly to achieve your goals.

If it’s established and you have such a team who is working for your dream, then this encourages finding out more business or bringing business in the company.

Pawan Nagi
Founder & Director
Solarway Nxtgeneration Pvt Ltd
GG1, 132A, Vikas Puri, New Delhi-110018
Ph:- 011-41041235, +91-9999621235

Website:- www.sinfin.inwww.solarway.co.in

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