During the recession in 2008, Nashik-based metal fabrication firm Swami Samarth Enterprises found itself in the doldrums. Its order book shrank with its revenues, down from Rs. 50 lakh a month to Rs. 3 lakh. Just as hope was dying out for the firm, a customer approached the owner, Soumitra Kulkarni, with an order for 100 coal-based stoves. He paid an advance of Rs.10,000, but didn’t come back to collect the manufactured stoves.
Read more here: Kindling the biomass flame | Akshay Oorja.