Fujiyama Power Systems, a leading solar manufacturer, has opened its Rs 8,28 crore IPO. The issue aims to fund a new facility in Ratlam, Madhya Pradesh, and repay debt. The company is expanding its capacity for solar panels, inverters, and batteries. Analysts see strong potential in India’s growing renewable energy sector.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets