2. NVIS is a leading manufacturer of clean
energy products and training equipment
It is a relatively cost effective method of
providing green and clean energy, it
improvises on existing technologies and helps
save a lot more than just energy
This development is crucial for a country like
India because its making more sustainable,
reliable and lesser energy consuming
devices, which is necessary since there is
almost always a power deficit for domestic
and commercial usage
3. Educational solutions to science students,
high end technology equipment
manufacturers for commercial clientele
Domestic clients include homes for
innovative LED lighting solutions and waste
waster treatment systems
The innovation ideally hopes to strive and
bridge the deficit of available energy in India
Green innovations can help reduce
consumption and hence ensure there is more
energy available on the grid
4. NVIS tech solves problems by doing innovations
at the back-end of the technology spectrum,
hence reducing costs and increasing simplicity
of device
Patented technology techniques, a ready team
of brilliant engineers who work day and night to
innovate, and tie ups with tech institutes and
corporations that use their products, is a robust
model of operation
Environmental solutions are the need of the
hour and being recognized by MNRE is a big plus
5. NVIS’s current model seems pretty robust at
these levels, however to continue its
innovative products it needs to scale up to
get more money to put into R&D
The lack of constant innovation on their part
can hamper their growth as an enterprise,
hence they need to scale up, and fast
It is necessary for the innovation to be
simplistic to have an appeal to its existing
set of buyers, because adoption of innovation
if it takes time, can mess up the cycle of
reinventing products
6. So the existing catalog of products should get
them a wider client base, ideally. And then
they should become more of a solutions
based company. Earlier the need to innovate
was at a basic technology level
The way ahead is to collaborate with as
many clients as possible, be it govt
enterprises, corporations, educational
institutes and look at streamlining their
technological infrastructure and
requirements using your own knowhow
7. So rather than becoming a manufacturer of clean
technology devices, they can become a
technology solutions company who, at minimal
cost of project on their head, will innovate and
design solutions for clients on a project to
project basis
That ensures a more stable business for the
innovator, and also reduces risk of technology he
is making. Tailor made client solutions are the
way ahead
This model works out way cheaper than trying to
survey the requirements and come up with a
technology which is broad based in the hope that
some client shall pick it up in the market
8. The main stakeholders in this company are
the innovators who sit in the labs and
brainstorm to create new technology for NVIS
The other stakeholders are obviously the
clients, whoever NVIS caters to, with their
products and solutions, is the major
stakeholder
The society at large does benefit, and is an
indirect stakeholder in this venture, since
some domestic use technologies are actually
aimed at saving energy and being more
frugal in energy consumption
9. Global scale- NVIS can scale up based on
potential tie ups with clients, if they
begin delivering customized solutions to
their technology needs
Rule of law- MNRE recognized enterprise,
dealing in clean energy solutions
Social equity- is central to the essence of
NVIS tech, since their main aim is to
provide sustainable energy solutions
Fair transactions- NVIS needs to treat its
stakeholders with utmost care because it
is these people which are the real wealth
of this business practice
New price-performance levels- NVIS
needs to optimize costs in order to
justify high investments made into
innovating energy solutions
Sustainability- NVIS needs to be
cognizant of the fact that it is providing
green tech solutions and needs to
continue doing that for its clients as
much as they can
