CPH Post

Business

Vestas returns to India

After nearly shutting down operations two years ago, the wind giant is rebooting its Indian operations


Vestas is headed back to India (Photo: Vestas)

July 22, 2014
09:33

by Ray Weaver


Vestas is reinvigorating its operations in India. In September 2012, the wind giant announced that it was “scaling down sales efforts in the Indian market”, essentially shutting down its operations in the country to “re-evaluate its current business set-up and approach in India.”

Now, two years later, the company is set to return, headed by new managing director, Jorn Hammer, who has previously steered the company’s Australian operations. The company said that it was headed back to India with “a new business plan.”

Stronger winds
Vestas India is recruiting new personnel and closing a deal for 11 turbines for a customer in Gujarat. Vestas was one of the earliest wind turbine manufacturers to set up shop in India and is returning at a time when the wind market is starting to look up. Over the past year the industry exceeded expectations by adding more than 2,000 MW of wind turbines, installing 800 MW in March alone.



Related stories



Latest Comments

This is by far the shitiest piece of writing i have read in cphpost . career...

(Stefan Valentin Pestean on March 29, 2015 21:35)

Of course, Niddal El-Jabri and the EJA will receive little or no press, when...

(Lorenzo Luis Albano Farias on March 29, 2015 03:02)

Buy the real Ceylon cinnamon from here :)...

(Ananda Piyankara on March 28, 2015 15:37)

It appears, albeit sadly, that this is more a political maneuver than...

(Ripudaman Oberoi on March 28, 2015 14:31)

Compared to the banks i use in the rest of the world Danske are just a joke...

(Mark S Gordon on March 27, 2015 22:07)

I'm sorry but every time this guy writes an article I can't help but get...

(Line Dalsgaard on March 27, 2015 18:16)

Well, Two less to deport i guess.

(Alex DeGre?t on March 27, 2015 14:30)

In other news... The Danish gov will be wasting 80+ million to study the...

(Alex DeGre?t on March 27, 2015 14:24)

Vi er så dygtig her i Danmark !!! Vi er det bedste or nummer et !!

(Jon Paris King on March 27, 2015 14:23)

Why is there only this story on this awful flight that took the life of at...

(Lars Mathiesen on March 27, 2015 10:20)