Suzlon holds market leadership in India. What strategies are in place to strengthen the company's market position?
The commercial and industrial (C&I) segment is set to be a major growth area. According to an ICRA report, India will require about 78 gigawatt (Gw) of wind and solar energy by 2027, which represents huge potential. We are a preferred player in this space. Maintaining our lead over competitors will not be a challenge. This is why we have the highest- ever order book of 5.1 Gw, and we expect this to continue for at least the next few quarters. C&I accounts for 54 per QA 10 years. The targets set are becoming increasingly serious, such as net neutrality by 2070 and achieving carbon neutrality, along with Various other climate goals. The demand for wind energy will continue, and there's clear visibility for the next eight years. Beyond that, we don,t need to look too far ahead.
This story is from the November 20, 2024 edition of Business Standard.
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This story is from the November 20, 2024 edition of Business Standard.
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