Vestas returns to India

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

July 22nd, 2014 9:33 am| by admin
facebooktwittergoogle_pluspinterestmail

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.

The opening of the festival's main stage is viewed as an esteemed honour by many (photo: Bill Ebbesen)
Syrian National Orchestra to open Roskilde Festival
The Syrian National Orchestra for Arabic Music with Damon Albarn and g...
The wind turbine manufacturer expects to make at least 67 billion kroner in revenue this year (photo: Samir Luther)
Vestas announces another strong annual result
Vestas shares surged 10 percent today after the company announced a record...
Payment will be made using the vehicle's number-plate (photo: kk.dk)
Copenhagen ushering in digital parking throughout the city
In a bid to make it easier and more flexible for motorists to park in the c...
The Veteran Council will be open both to soldiers and humanitarian workers returning from a mission (photo: iStock)
Municipalities to support returnees from war and disaster zones
The municipalities of Gladsaxe, Herlev and Ballerup are opening Denmark's f...
Support the traditional Danish drinking establishments this month (photo: Tuborg)
Celebrating the old-style bodega with a round on the house every Friday in February
In a bid to give Denmark's struggling old-style bodegas a helping hand, Tub...
Unfortunately, the meteorite hasn't been recorded on camera directly. (photo: iStock)
Meteorite landing site located in Greater Copenhagen area
The Natural History Museum has established that the meteorite that hit Denm...