very basic understanding is missing. and fact check is very important.
farmer gets subsidy- cost is not 3-5 lacs. it is anywhere between 20% to 50%.
concept of non existent organic demand is incorrect. the organic demand is already there.
there are 4.5 cr diesel pumps already operating in India. operating a diesel pump is not free. replacement of these with solar pumps is automatic.
on the RM cost- 50% is solar modules not steel. solar module prices have declined and not set to increase even with duties in India.
the comment on margin again incorrect. revenue per pump is fixed, solar module prices have declined, even if they remain stable. margins will stay or expand.
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