Suzlon Energy - investing to boost manufacturing capacity

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Suzlon Energy, India's wind giant, is likely to invest Rs 14 billion in 2006-07 across three plants in India. The company plans to raise its wind turbine manufacturing capacity to 4200 mw from the current 3300 mw in the course of this fiscal year.

According to a recent report "Here comes the wind" by Tom Astle of National Bank Financial, Suzlon sticks out from the other wind turbine manufacturers, because its operating margin and gross are twice that (22% and 38%) of it's nearest competitor - Gamesa. And yet Suzlon still only has a 6% world market share.

That's why Suzlon is one company well worth paying attention to in the years to come.

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