Tulsi Tanti, who built the world’s third largest wind turbine maker Suzlon Energy Ltd. after launching it in 1995, has some advice to clean-tech start-ups.
To make it big, said Tanti, who’s chairman and managing director of Suzlon, clean-tech companies have to follow four rules.
First, “they should be dependent on several geographies,” said Tanti, speaking Thursday at The Wall Street Journal’s ECO:nomics conference in Santa Barbara, Calif. His company is selling in 32 countries, he said. For clean-tech, which is often policy driven, it’s important to diversify so that changes in policy in one country don’t change a company’s entire value proposition.
To read the full, original article click on this link: Four Rules For Clean-Tech Start-Ups To Make It Big - Venture Capital Dispatch - WSJ
Author: Yuliya Chernova