Global wind energy major Vestas has announced plans to establish a new hub assembly factory in Chennai. The new factory will combine Vestas’ two existing facilities in the state which is slated to optimise its India-centric production capacity.
“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”, says Vestas Asia-Pacific President Clive Turton.
The production capacity ramp up exercise is also driven by the company’s intent to use India as a strategic export hub. The company currently has 20 factories around the globe. The new factory is expected to be operational by the end of 2020. The company also has a blade manufacturing facility in Ahmedabad.