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Right to privacy – now it’s fundamental! Yamaha unveils scooter boutique LVB posts 31 per cent growth in Q1 net profit ITC chairman calls for policy impetus to transform agriculture Aurobindo Pharmacy: good turnaround It takes two to tango Bajaj Finserv – Q1: fare well Wabco launches safety system IOB on turnaround path L & T set bigger ambitions in defence business Michelin to double Chennai capacity Toyota and Suzuki to introduce EVs in India by 2020 29 per cent jump in TCS revenues Gamesa to set up a plant in Nellore Increasing market share Back in growth mode AL secures orders for 3600 buses Record two-wheeler sales Hyundai India achieves 7 mn production at Chennai factory PPP model for infrastructure development Hyundai to focus on SUVs and AMT variants Rane targets Rs.5500 crore topline by 2018-19 Welcome focus to improve rural India... Hindalco – re-rating TN government keen on revival of operations at Nokia complex Land wars Consolidating leadership position in smartphones TVS Srichakra plans capacity expansion ITC – steep excise hike Kone India eyes further growth in elevator market Smartphone onslaught by Chinese brands E.I.D Parry (India) Ltd: another sweet year Vellayan is back, after 150 days Eyes strong growth in 2016-17 Tata Motors aims to be among the Top 3 global CV & PV firm Emami – a new growth mantra CAPITAL NOTES TI Cycles plans retail expansion to drive sales for premium bicycles Sundram Fasteners rejigs international Tata Steel, ThyssenKrupp sign MoU to merge European units HPCL plans Rs.61,000 crore capex over 5-years Sivasankaran enters taxi space to take on Uber and Ola Singur minus Nano – victory or folly? Chinese smart phones flourish in small towns too! V-Guard launches app-enabled water heater system M & M unveils driverless technology for tractors He excels in the nuts and bolts of entrepreneurship Housing demand revival Daimler grows sales and share in India New India Assurance posts impressive show Forging industry worried over lower supply of steel and its price When small is not so beautiful… L&T bags the Mumbai Trans-harbour link order Daimler’s truck exports from Chennai cross 5000 units Is this a generation gap? Tata Motors bets on new launches Nissan exit shouldn’t affect ALL L & T’s floating dock for navy Maruti – for young buyers From the toughest to the best year Ode to Ratan Tata Tata gets 4-star rating for Zest A niche in FMCG business... Tata Motors charts investments in PV and CV businesses The gainers and the losers The unexpected exit TVS Automobile invests Rs.75 crore in start-up firms Solar installations exceed 2015 capacity in five months Dish TV – subscriber additions encouraging Mercedes-Benz sales continue to zoom Tata Motors joins compact SUV bandwagon with Nexon Shriram Life clocks more than Rs.1000 crore premium in 2015-16 Ponni Sugars (Erode) Ltd: not so sweet 2012-13 PSU non-life firms seek to protect share RoC in the dock... Last stages Carnival Films acquiring 3000 screens pan India A welcome initiative-even critics are recognised AL wins Deming prize again Titan Company – sales recovery to kick in Are they really independent? L&T profit up by 11 per cent Preparing for the next growth curve AL introduces Guru & Partner Smooth sailing of SAIL
 
Gamesa to set up a plant in Nellore

Leading wind turbine maker Gamesa will be setting up a Greenfield manufacturing unit in Andhra Pradesh with an outlay of Rs.300 crore in a bid to cash in on the growing opportunity in the wind power segment.

The company will establish an integrated manufacturing facility at Iffco Kissan SEZ, located in Nellore, Andhra Pradesh. Phase I of the project will have a blade production unit for the G114-2.0 MW wind turbine model, which will have a rotor diameter of 114 metres or 374 feet.

The blade plant is expected to start operations by September this year. The facility will be equipped to produce 300 MW per annum in the initial period. It is projected to employ over 1000 while its ancillary units will create more jobs.  Gamesa already operates two nacelle manufacturing facilities near Chennai and a blade manufacturing plant in Halol, Gujarat.


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