MUMBAI: Wind turbine maker Suzlon , which returned to profitability after badly bleeding for almost seven years, is eyeing a 40 per cent market share this year, up from 26 per cent last year. Also, we've embarked on a plan to set up rotor blade factories near the wind projects in Rajasthan, MP and Andhra," he added. Its total order book as of end March stood at 1243 mw or Rs 7,989 crore. "We introduced S111-120 meter hybrid tower prototype turbine and it has a good demand. "Because of these efforts, we managed to garner a net profit of Rs 483 crore in 2015-16, after witnessing losses for almost seven years in a row.
Source: Economic Times June 05, 2016 09:08 UTC