Vestas is to establish a new nacelle and hub assembly factory in Chennai in the state of Tamil Nadu in order to address the growth in global demand for wind energy, improve competitiveness, and expand the company’s supply chain footprint in India.
Courtesy of Vestas
The new factory will combine Vestas’ two existing facilities in the state of Tamil Nadu, creating an expanded, optimised and scalable production hub with four times as many local manufacturing jobs in the state.
While the new facility will serve the growing wind market in the region, it will also act as a strategic export hub leveraging Vestas’ global reach. The company’s twenty factories and several additional production partnerships around the globe has enabled Vestas to achieve timely delivery of its products to its customers by manufacturing core components close to key markets. The new factory will add to the company’s strong current presence across India, including a sales office in Mumbai, a R&D centre in Chennai and a blade manufacturing facility in Ahmedabad. It is expected to be operational by the end of 2020.
“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” said Vestas Asia-Pacific President Clive Turton.
Deepak Bagla, Managing Director & CEO, Invest India, added that Vestas and Invest India’s cooperation has set a record for executing an efficient and timely project completion with a sizable job creation. This result highlights the Prime Minister of India’s objective of ease of doing business and making India one of the most preferred investment destinations.
In total, Vestas currently employs more than 3,400 people in India. The company has been present in the Indian market since 2006, where it has played a key role for the development of wind energy in the region.