Vestas to set up new factory in Chennai

Vestas has revealed its plan establish a new factory in Chennai which would quadruple local manufacturing jobs.

In a statement, the wind turbine maker said the global demand for wind energy continues to grow both in volume and the number of markets, where wind energy offers a sustainable and cost-competitive solution for meeting the world’s energy needs.

It said further: “To address this, improve competitiveness and expand our supply chain footprint in India, Vestas intends to establish a new nacelle and hub assembly factory in Chennai in the state of Tamil Nadu.”

The new factory will combine Vestas’ two existing facilities in Tamil Nadu, creating an expanded, optimised and scalable production hub with four times as many local manufacturing jobs in the state.

Vestas Asia-Pacific president Clive Turton said: “By building this expanded production facility, we will serve our customers’ needs in one of our key markets even better and generate hundreds of local jobs, while also improve our global manufacturing footprint and increase our export capabilities from India with the aim of making it a global renewable energy manufacturing hub.”

Image Credit : fairwind.com

Related Project : New Nacelle and Hub Assembly Factory in Chennai, Tamil Nad

Tags:
Download Now – Special Research Report

A 110 page special research report that highlights around 580 key investments happened in the year 2018-19.

Daily Newsletter

Enter your email address:

Delivered by FeedBurner

Archives