Overview
- Suzlon said it will add three blade factories, with two proposed in Gujarat and Karnataka and a third location under evaluation, to accelerate project execution.
- Management said the investments will come from the company’s existing annual capex of Rs 500–550 crore funded by internal accruals, with timelines and final sites yet to be disclosed.
- The planned facilities will use integrated digital systems including MES/ERP, IoT, robotics and AI vision to raise productivity, quality and safety.
- The company projects 3,000 direct and 12,000 indirect jobs from the new plants, with about 80% of the roles in rural areas.
- Suzlon reported its highest-ever order book of over 6 GW and noted earlier capacity expansion to 4.5 GW in FY24, while its shares fell about 4% today after the reports.