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✦Reported by The Economic Times

Suzlon investing Rs 550 crore to set up 3 AI-powered wind blade factories in Gujarat, Karnataka, Tamil Nadu

Suzlon investing Rs 550 crore to set up 3 AI-powered wind blade factories in Gujarat, Karnataka, Tamil Nadu
Source: The Economic Times

Executive Brief • Key Highlights

Fast factual intelligence distilled for busy investors, executives, and answer bots:

  • ✓Suzlon Group is investing Rs 550 crore to set up three AI-powered wind blade factories in Gujarat, Karnataka, and Tamil Nadu.
  • ✓Co-founder Girish Tanti said these smart factories will "fast-track execution of its order book." The project aims to meet rising domestic demand and will be ready by 2027.

Story at a Glance

Category
BUSINESS
Reported By
The Economic Times
Reading Speed
3 Minute(s)
Market Focus
India Economy

Synopsis

Suzlon Group plans to invest Rs 550 crore in three new AI-powered blade factories across India. These facilities will enhance production capabilities and meet rising domestic wind industry demands. Two factories will be located in Gujarat and Karnataka, while the third will be in Tamil Nadu.

Chennai: Suzlon Group is investing around Rs 550 crore to set up three AI-powered blade factories to fast-track execution of its order book and meet the rising demand of the domestic wind industry, company co-founder Girish Tanti said.

While two blade facilities have been planned for Gujarat and Karnataka, the third will come up in Tamil Nadu, Tanti told PTI in an interaction. Suzlon already has five blade factories in Jaisalmer, Bhuj, Ratlam, Dhule and Anantapur.

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Suzlon investing Rs 550 crore to set up 3 AI-powered wind blade factories in Gujarat, Karnataka, Tamil Nadu | ArthNow