Niir Project Consultancy Services (NPCS) through its network of project consultants in a wide range of business and technological disciplines is engaged in providing services to its clients by way of preparation of project reports. We provide the pre-investment information and business plans required for promoters, business leaders, young entrepreneurs, women entrepreneurs, investors, NRI (Non Resident India), startups, professionals looking to start their own venture. The comprehensive project profile reports cover all the aspects of business, from analyzing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. the scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet, break-even point, rate of return (ROR), etc. the DPR is formulated by highly accomplished and experienced consultants and the market research and analysis are supported by a panel of experts and digitized data bank.

Solar PV (Photovoltaic) Glass Industry Manufacturing Business

Capacity Solar PV (Photovoltaic) Glass 90,000 MT Per Annum Plant and Machinery cost 2800.00 Lakhs
Working Capital 0.00 Rate of Return (ROR) 28.00 %
Break Even Point (BEP) 69.00 % TCI 0.00 Lakhs
Cost of Project 4200.00Lakhs


The global energy transition towards renewable sources is well underway, and solar power is at the forefront of this movement. The global solar photovoltaic (PV) market has grown rapidly in recent years, with solar energy becoming increasingly cost-effective and competitive with traditional fossil fuels. This growth has also led to increased demand for solar PV glass, a crucial component of solar panels. In this article, we will explore why investing in the solar PV glass industry is a wise choice for investors looking to profit from the transition to renewable energy.

First, it is important to understand the role that solar PV glass plays in the solar energy market. Solar panels consist of several layers of materials, including a top layer of protective glass. This glass layer serves several functions, including protecting the solar cells from external factors such as weather and debris, providing insulation and electrical insulation, and increasing the overall efficiency of the solar panel. As the demand for solar energy grows, so does the demand for high-quality solar PV glass.

One major reason to invest in the solar PV glass industry is the strong growth potential of the solar energy market. According to a report by the International Energy Agency (IEA), solar PV is expected to become the largest source of electricity by 2035, overtaking coal as the primary source of energy. This growth is being driven by declining costs of solar energy, increased government support and incentives, and a growing awareness of the need to transition away from fossil fuels.

This growth in the solar energy market is also reflected in the increased demand for solar PV glass. According to a report by Grand View Research, the global solar PV glass market size was valued at $4.4 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 23.9% from 2021 to 2028. This growth is being driven by increased investments in solar energy projects, particularly in emerging markets such as India and China.

In addition to the strong growth potential of the solar PV market, investing in the solar PV glass industry also provides investors with exposure to the broader renewable energy market. Solar energy is just one part of the transition to renewable energy, which also includes wind, hydro, and geothermal energy. According to a report by the International Renewable Energy Agency (IRENA), renewable energy is expected to grow at a CAGR of 8.6% between 2021 and 2025, driven by falling costs and increased government support.

By investing in the solar PV glass industry, investors can benefit from the overall growth of the renewable energy market, as well as the specific growth in the solar PV market. This provides investors with a diversified and potentially lucrative investment opportunity.

Another reason to invest in the solar PV glass industry is the increasing focus on sustainability and environmental responsibility. As companies and governments around the world seek to reduce their carbon footprint and transition to renewable energy sources, the demand for sustainable materials and products is increasing. Solar PV glass is a sustainable material that plays a critical role in the transition to renewable energy.

Investing in the solar PV glass industry allows investors to align their investments with their values and support the transition to a more sustainable future. This can be particularly attractive to socially responsible investors who prioritize environmental and social factors in their investment decisions.

In addition to the environmental benefits of investing in the solar PV glass industry, there are also potential financial benefits. As the demand for sustainable products and materials grows, companies that produce solar PV glass may see increased demand for their products, potentially leading to higher profits and stock prices.

Furthermore, companies in the solar PV glass industry may also benefit from government incentives and support for renewable energy projects. Many governments around the world offer subsidies and tax credits for companies that invest in renewable energy, which can help reduce the cost of production and increase profitability.

The solar PV glass industry can also provide investors with exposure to innovative technologies and research and development (R&D) initiatives. As the solar PV industry continues to grow and evolve, companies in the solar PV glass industry are investing heavily in R&D to develop new and more efficient technologies. This can lead to the development of new and innovative products that can help drive growth in the industry.

For example, companies are developing new types of solar PV glass that are more efficient at converting sunlight into electricity. These new technologies can increase the overall efficiency of solar panels, which can help reduce the cost of producing solar energy and increase the adoption of solar power.

Investing in the solar PV glass industry can also provide investors with exposure to emerging markets. As mentioned earlier, many emerging markets such as India and China are investing heavily in renewable energy projects, including solar energy. This increased investment in renewable energy is creating new opportunities for companies in the solar PV glass industry to expand their business and increase their market share.

One potential risk associated with investing in the solar PV glass industry is the volatility of the renewable energy market. As with any market, the solar PV market is subject to fluctuations in demand and supply, which can lead to volatility in stock prices. However, the strong growth potential of the solar PV market, coupled with the increasing focus on sustainability and environmental responsibility, suggests that the long-term outlook for the industry is positive.

Another potential risk associated with investing in the solar PV glass industry is the competition from other materials and technologies. While solar PV glass is a critical component of solar panels, there are other materials and technologies that can be used in the production of solar panels, such as thin-film solar cells and organic solar cells. Additionally, advancements in energy storage technology may reduce the need for solar PV glass as a means of storing energy.

Despite these potential risks, investing in the solar PV glass industry can provide investors with a unique and potentially lucrative opportunity to benefit from the growth of the renewable energy market. By investing in companies that produce solar PV glass, investors can support the transition to a more sustainable future, while potentially benefiting from strong growth in the solar PV market.

In conclusion, the solar PV glass industry is a rapidly growing industry that plays a critical role in the transition to renewable energy. Investing in the solar PV glass industry can provide investors with exposure to the strong growth potential of the solar PV market, the broader renewable energy market, and emerging markets. Additionally, investing in the solar PV glass industry can align investors' values with their investments and potentially provide financial benefits. While there are risks associated with investing in the solar PV glass industry, the long-term outlook for the industry is positive, making it an attractive investment opportunity for investors looking to profit from the transition to renewable energy.

Key Players:

AGC Solar (Japan)

Taiwan Glass Ind. Corp. (Taiwan)

Nippon Sheet Glass Co., Ltd. (Japan)

Xinyi Solar Holdings Ltd. (China)

Hecker Glastechnik GmbH & Co. KG (Germany)

Sisecam Flat Glass (Turkey)

Emmvee Toughened Glass Private Limited (India)

Saint-Gobain Solar (France)

Guardian Glass (Thailand)

Borosil Glass Works Ltd. (India)

Flat Glass Co., Ltd. (China)

Henan Huamei Cinda Industrial Co., Ltd. (China)

Interfloat Corporation (Germany)

Guangdong Golden Glass Technologies (China)

Targray Technology International

Onyx Solar Group LLC

AGC Glass Europe



Nippon Sheet Glass Co., Ltd.

Changzhou Huamei Photoelectric New Material Co.,Ltd



  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.



NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

Our various services are: Detailed Project Report,  Business Plan for Manufacturing Plant, Start-up Ideas, Business Ideas for Entrepreneurs, Start up Business Opportunities, entrepreneurship projects, Successful Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, project report, Cost and Revenue, Pre-feasibility study for Profitable Manufacturing Business, Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Business Opportunities, Investment Opportunities for Most Profitable Business in India, Manufacturing Business Ideas, Preparation of Project Profile, Pre-Investment and Pre-Feasibility Study, Market Research Study, Preparation of Techno-Economic Feasibility Report, Identification and Section of Plant, Process, Equipment, General Guidance, Startup Help, Technical and Commercial Counseling for setting up new industrial project and Most Profitable Small Scale Business.

NPCS also publishes varies process technology, technical, reference, self employment and startup books, directory, business and industry database, bankable detailed project report, market research report on various industries, small scale industry and profit making business. Besides being used by manufacturers, industrialists and entrepreneurs, our publications are also used by professionals including project engineers, information services bureau, consultants and project consultancy firms as one of the input in their research.

Our Detailed Project report aims at providing all the critical data required by any entrepreneur vying to venture into Project. While expanding a current business or while venturing into new business, entrepreneurs are often faced with the dilemma of zeroing in on a suitable product/line.


And before diversifying/venturing into any product, wish to study the following aspects of the identified product:

• Good Present/Future Demand
• Export-Import Market Potential
• Raw Material & Manpower Availability
• Project Costs and Payback Period

We at NPCS, through our reliable expertise in the project consultancy and market research field, Provides exhaustive information about the project, which satisfies all the above mentioned requirements and has high growth potential in the markets. And through our report we aim to help you make sound and informed business decision.


The report contains all the data which will help an entrepreneur find answers to questions like:

• Why I should invest in this project?
• What will drive the growth of the product?
• What are the costs involved?
• What will be the market potential?

The report first focuses on enhancing the basic knowledge of the entrepreneur about the main product, by elucidating details like product definition, its uses and applications, industry segmentation as well as an overall overview of the industry sector in India. The report then helps an entrepreneur identify the target customer group of its product. It further helps in making sound investment decision by listing and then elaborating on factors that will contribute to the growth of product consumption in India and also talks about the foreign trade of the product along with the list of top importing and top exporting countries. Report includes graphical representation and forecasts of key data discussed in the above mentioned segment. It further explicates the growth potential of the product.

The report includes other market data like key players in the Industry segment along with their contact information and recent developments. It includes crucial information like raw material requirements, list of machinery and manufacturing process for the plant. Core project financials like plant capacity, costs involved in setting up of project, working capital requirements, projected revenue and profit are further listed in the report.

Reasons for buying the report:

• This report helps you to identify a profitable project for investing or diversifying into by throwing light to crucial areas like industry size, demand of the product and reasons for investing in the product.

• This report provides vital information on the product like its definition, characteristics and segmentation.

• This report helps you market and place the product correctly by identifying the target customer group of the product.

• This report helps you understand the viability of the project by disclosing details like raw materials required, manufacturing process, project costs and snapshot of other project financials.

• The report provides forecasts of key parameters which helps to anticipate the industry performance and make sound business decision.


Our Approach:

• Our research reports broadly cover Indian markets, present analysis, outlook and forecast.

• The market forecasts are developed on the basis of secondary research and are cross-validated through interactions with the industry players. 

• We use reliable sources of information and databases.  And information from such sources is processed by us and included in the report.


Our Market Survey cum Detailed Techno Economic Feasibility Report Contains following information:



Ø  Introduction

·         Project Introduction

·         Project Objective and Strategy

·         Concise History of the Product

·         Properties

·         BIS (Bureau of Indian Standards) Provision & Specification

·         Uses & Applications


Ø  Market Study and Assessment

·         Current Indian Market Scenario

·         Present Market Demand and Supply

·         Estimated Future Market Demand and Forecast

·         Statistics of Import & Export

·         Names & Addresses of Existing Units (Present Players)

·         Market Opportunity


Ø  Raw Material

·         List of Raw Materials

·         Properties of Raw Materials

·         Prescribed Quality of Raw Materials

·         List of Suppliers and Manufacturers


Ø  Personnel (Manpower) Requirements

·         Requirement of Staff & Labor (Skilled and Unskilled) Managerial, Technical, Office Staff and Marketing Personnel


Ø  Plant and Machinery

·         List of Plant & Machinery

·         Miscellaneous Items

·         Appliances & Equipments

·         Laboratory Equipments & Accessories

·         Electrification

·         Electric Load & Water

·         Maintenance Cost

·         Sources of Plant & Machinery (Suppliers and Manufacturers)


Ø  Manufacturing Process and Formulations

·         Detailed Process of Manufacture with Formulation

·         Packaging Required

·         Process Flow Sheet Diagram


Ø  Infrastructure and Utilities

·         Project Location

·         Requirement of Land Area

·         Rates of the Land

·         Built Up Area

·         Construction Schedule

·         Plant Layout and Requirement of Utilities


Project at a Glance

Along with financial details as under:


  •     Assumptions for Profitability workings

  •    Plant Economics

  •    Production Schedule

  •    Land & Building

            Factory Land & Building

            Site Development Expenses

  •    Plant & Machinery

             Indigenous Machineries

            Other Machineries (Miscellaneous, Laboratory etc.)

  •    Other Fixed Assets

            Furniture & Fixtures

            Pre-operative and Preliminary Expenses

            Technical Knowhow

            Provision of Contingencies

  •   Working Capital Requirement Per Month

             Raw Material

            Packing Material

            Lab & ETP Chemical Cost

           Consumable Store

  •   Overheads Required Per Month And Per Annum

         Utilities & Overheads (Power, Water and Fuel Expenses etc.)

             Royalty and Other Charges

            Selling and Distribution Expenses

  •    Salary and Wages

  •    Turnover Per Annum

  •   Share Capital

            Equity Capital

            Preference Share Capital


  •    Annexure 1:: Cost of Project and Means of Finance

  •    Annexure 2::  Profitability and Net Cash Accruals


                Expenses/Cost of Products/Services/Items

                Gross Profit

                Financial Charges     

                Total Cost of Sales

                Net Profit After Taxes

                Net Cash Accruals

  •   Annexure 3 :: Assessment of Working Capital requirements

                Current Assets

                Gross Working. Capital

                Current Liabilities

                Net Working Capital

                Working Note for Calculation of Work-in-process

  •    Annexure 4 :: Sources and Disposition of Funds

  •    Annexure 5 :: Projected Balance Sheets

                ROI (Average of Fixed Assets)

                RONW (Average of Share Capital)

                ROI (Average of Total Assets)

  •    Annexure 6 :: Profitability ratios


                Earnings Per Share (EPS)


             Debt Equity Ratio

        Annexure 7   :: Break-Even Analysis

                Variable Cost & Expenses

                Semi-Var./Semi-Fixed Exp.

                Profit Volume Ratio (PVR)

                Fixed Expenses / Cost 


  •   Annexure 8 to 11:: Sensitivity Analysis-Price/Volume

            Resultant N.P.B.T

            Resultant D.S.C.R

   Resultant PV Ratio

   Resultant DER

  Resultant ROI

          Resultant BEP

  •    Annexure 12 :: Shareholding Pattern and Stake Status

        Equity Capital

        Preference Share Capital

  •   Annexure 13 :: Quantitative Details-Output/Sales/Stocks

        Determined Capacity P.A of Products/Services

        Achievable Efficiency/Yield % of Products/Services/Items 

        Net Usable Load/Capacity of Products/Services/Items   

       Expected Sales/ Revenue/ Income of Products/ Services/ Items   

  •    Annexure 14 :: Product wise domestic Sales Realisation

  •    Annexure 15 :: Total Raw Material Cost

  •    Annexure 16 :: Raw Material Cost per unit

  •    Annexure 17 :: Total Lab & ETP Chemical Cost

  •    Annexure 18  :: Consumables, Store etc.,

  •    Annexure 19  :: Packing Material Cost

  •    Annexure 20  :: Packing Material Cost Per Unit

  •    Annexure 21 :: Employees Expenses

  •    Annexure 22 :: Fuel Expenses

  •    Annexure 23 :: Power/Electricity Expenses

  •    Annexure 24 :: Royalty & Other Charges

  •    Annexure 25 :: Repairs & Maintenance Exp.

  •    Annexure 26 :: Other Mfg. Expenses

  •    Annexure 27 :: Administration Expenses

  •    Annexure 28 :: Selling Expenses

  •    Annexure 29 :: Depreciation Charges – as per Books (Total)

  •   Annexure 30   :: Depreciation Charges – as per Books (P & M)

  •   Annexure 31   :: Depreciation Charges - As per IT Act WDV (Total)

  •   Annexure 32   :: Depreciation Charges - As per IT Act WDV (P & M)

  •   Annexure 33   :: Interest and Repayment - Term Loans

  •   Annexure 34   :: Tax on Profits

  •   Annexure 35   ::Projected Pay-Back Period And IRR