Suzlon (India) ? A Growth Story?Introduction:Suzlon Energy cash in ones chips has made a mark for itself in the field of pass on up free energy not only in India but on the global stage. It is the largest twist around turbine producer in Asia and fifth largest in the world in impairment of annual builded capacity (Source ? BTM confab APS) .From its inception in 1995, it has shown a phenomenal growth rank to achieve its current assign in the finish up energy sector in India. When it went mankind in September 2005, its initial Public Offering (IPO) was a huge achiever with the turn up oversubscribed 49.5 times. The success story has resulted in Tulsi Tanti, the founder of Suzlon, be named the eighth richest Indian in the world. History:Suzlon Energy particular came into existence in 1995. Tulsi Tanti, its founder runner ran a material mill in Ahmedabad. A large part of the personify of production consisted of the damage of electric spot. With rising costs of powe r, the troupe decided to install a wind turbine. The wind turbine was merchandise from Sudwind, Germany and this led to the low of Suzlon Energy Limited. The company entered into an agreement with Sudwind, Germany to evolve expertise in manufacturing cost efficient and modern wind turbine generators. Due to about financial problems, Sudwind had to wind up its operations.
This prospect was taken up by Tulsi Tanti and he took on Sudwind?s manpower along with its expertise to strengthen his company. This was Suzlon?s first foray into wind turbine generators and since then it has never looked back. Over the functio n decade, the company has roofy up several ! wind create projects to utilize the power of wind for production of electricity. Also it has invested in wind alkali in foreign countries such as Denmark, China, Australia and USA. This... If you want to put down a full essay, order it on our website:
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