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OEM Update
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Gamesa to set-up manufacturing facility in Chennai, investing Rs. 2,000 Cr.[June 2012]

June 20, 2012 12:25 pm

Wind turbine maker Gamesa to set-up a manufacturing facility in Chennai with an investment of Rs. 2,000 crore, informed Ramesh Kymal, Chairman and Managing Director, Gamesa Wind Turbines while talking to the mediapersons in Mumbai today.
Announcing the company’s upswing in its growth trajectory, Mr. Kymal said, “We have received strong acceptance from all customer groups including PSUs across key markets on track to achieve 3rd rank in India”.
“India’s wind potential is estimated at 3,000 GW. As a company, we are well positioned to compete in the Indian wind markets”, commented Mr. Kymal. “Gamesa has a significant market share of installations in India registering a sales turnover of Rs. 1,600 crore, which is a growth of 60 per cent from the last year”.

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