Bloomberg News

Gamesa Opens Wind Power Blade-Manufacturing Factory in India

January 12, 2012

Jan. 11 (Bloomberg) -- Gamesa Corp. Tecnologica SA, Europe’s second-largest wind-turbine maker, opened a turbine blade-manufacturing plant in India as part of a plan to boost production in the wind energy market.

The company, with about 30 factories worldwide, started production at Vadodara in the western state of Gujarat after an investment of 25 million euros ($32 million), it said today in a statement. The facility, which created 157 jobs, will primarily supply India’s northern states.

The factory is part of a 60 million-euro investment plan announced by Zamudio, Spain-based Gamesa in March to strengthen its manufacturing base in India to tap rising demand in the country’s wind market. India now accounts for 20 percent of the megawatts it sells around the world after almost tripling in a year, it said.

Gamesa has been manufacturing in India since early 2010, when it opened a facility to assemble nacelles. Last year, it opened a wind tower factory in a joint venture and plans to start another nacelle plant in Tamil Nadu.

--Editor: Randall Hackley

To contact the reporters on this story: Marc Roca in London at mroca6@bloomberg.net; Manuel Baigorri at mbaigorri@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net.


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