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How Blume-Backed Aerem Is Helping SMEs Transition To Solar Energy For Power Needs

Published on:
April 3, 2023
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Despite being one of the largest contributors to the country’s GDP, India’s micro, small and medium enterprises are bogged down in issues ranging from energy crisis and cost of power to unavailability of financing options. Not only this, even though MSMEs account for about 48% of the total energy consumed by the country’s industrial sector, the players of the space have failed to take any major advantage of the Sun-rich country.

Understanding the gravity of the situation and the opportunity that many Indian MSMEs, otherwise fail to comprehend, Anand Jain founded Aerem in 2020. The startup aims to give the nation’s more than 635 Lakh MSMEs 360-degree assistance in the adoption of solar energy.

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