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