The demand for solar energy is increasing year by year all over the world. In India, the demand is even higher due to the favourable conditions for generating solar energy.
If you are interested in starting a business related to solar energy, you can become a solar product dealer.You can easily become a solar product dealer by obtaining a Loom Solar dealership.
In this article, we will provide you with all the information you need to start a Loom solar dealership.
Why choose Loom Solar?
Founded in 2018, Loom Solar is a leading Haryana-based manufacturer of solar panels and lithium batteries. The company’s corporate office is located in Faridabad, Haryana.
With a presence in over 500 districts across India and exports to more than 10 countries, Loom Solar has a global reach.
They offer a wide range of solar panels, from 10 watts to 100kW, as well as various lithium batteries, inverters, and charge controllers. Additionally, the company provides solar finance options to help customers afford their solar systems.
Licenses and Registrations required
You donot require special licences or permits to sell solar products. You can start a loom solar dealership with Shop and establishment registration and a GST certificate.
If you lack capital, then you can approach banks for Business loans with a proper business plan.
Loom Solar Dealership Cost
You can start your Loom Solar dealership for as little as ₹30,000. The exact investment amount depends upon the type of dealership you choose. Loom Solar offers different dealership options,
Basic Dealership: This is the most basic level of dealership. You need to purchase the initial stock of 25,000 rupees and a registration fee of 1000. This allows you to sell Loom Solar products in your local area
Distributorship: Need to purchase the initial stock of a minimum of 10000 rupees and a registration fee of 10000. Distributors have a larger sales territory and can buy Loom Solar products at a discount.
International Distributor: Needs to pay the Registration fee of 75000, and stock purchase as per the demand. International distributors have exclusive rights to sell Loom Solar products in their target country.
A Loom solar distributor will get a personalized website, price lists, visiting cards, and dedicated sales support.
Profit Margin in Loom Solar Dealership?
You can expect an approximate 15% profit margin in the Loom solar business. The profit margin in this business depends upon the quantity and the type of products you sell.
How to get a Loom Solar dealership?
Here are the steps you can follow to start a Loom Solar dealership:
- Visit the Loom Solar official website or call 011-4013 0202.
- Choose your preferred dealership type: (Basic Dealership, Distributorship, or International Distributor).
- Fill out the application form, providing basic information and choosing your location.
- Submit the application (no documents are required for the basic dealership).
- You will be notified of their decision within 7-10 days.
- Complete registration, including any required training and payment of initial fees (e.g., registration fee, demo unit purchase).
- Promote Loom Solar products and services in your area.
You can visit them at –
14/6, Mathura Road, Sector 27B, Faridabad, Haryana -121003
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FAQ about Dealership
How much investment is required for the Loom Solar dealership?
The minimum investment required to start a Loom solar dealership is 30 thousand rupees.
Profit margin in Loom Solar dealership?
You can expect a profit margin of approximately 15% in the solar business.
Loom Solar contact number?
You can call Loom Solar on 011-4013 0202.
We hope this article has resolved many of your doubts related to the Loom Solar dealership. If you have any suggestions feel free to mention them in the comment box below.