Ashutosh Verma, Founder of Exalta. Credit: Exalta.
With the rapid economic expansion, India sees an increased energy demand. This is expected to skyrocket further as products like electric vehicles become more common. Traditionally, India has relied on thermal plants for power generation, but now there is an increased interest in renewable energy, according to Exalta.Speaking to Digitimes Asia, Ashutosh Verma, Founder of Exalta, explained that the company has witnessed a significant shift in the demand for solar-based products. People are shifting towards renewable energy. Be it EVs, ACs, or other domestic products, the main reason for it is the cost-effectiveness of renewable energy products.”There’s an initial investment, but it saves a lot of money once installed,” Verma said. “The unique requirement of Indian customers is that the product should be…
