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