Suzlon Wind Energy, the world's 6th largest manufacturer of wind turbines is going public.

Speaking after the filing of the DRHP, Tulsi Tanti, Chairman & Managing Director, Suzlon Energy said, "We have been in the business of wind energy for over ten years. We are India's leading manufacturer of wind turbine generators. Our accumulated sales were 1,126.6 MW as of March 31, 2005. We also installed 42.8% of the total capacity installed in India during the year ended December 31, 2004 and were the sixth largest wind turbine manufacturer in the world".

Manufacturing wind turbines is still largely dominated by Danish and German companies in their respective countries. However, you have to wonder how much longer they can compete when countries like India and China start to move in. My guess is that some time over the next couple of years, these companies will be forced to open a manufacturing plant in China and close down a couple of factories at home.

Let's see . . .