babasaheb sayamabar. Its revenues have grown at a staggering CAGR of 60.35 per cent over the past two years from Rs 1,005 crore in 2012/13 to Rs 2, 558 crore in 2014/15, while net profits have nearly doubled from Rs 148 crore in 2012/13 to Rs 332 crore in 2014/15. His company, Inox Wind, the renewable wind energy solutions provider, raised Rs 1,000 crore and was oversubscribed 18 times. In March 2015, the 28-year-old third-generation scion of Inox Group led one of the biggest initial public offerings (IPOs) that India has seen in the last two years.

Our new integrated manufacturing facility at Barwani, Madhya Pradesh is in close proximity to projects in Madhya Pradesh and Rajasthan. Inox Wind Infrastructure Services Limited is wholly owned subsidiary of Inox Wind Limited. A strong current order book of 1,200 megawatts (MW) and investor confidence place Inox Wind, and Devansh, in a sweet spot. Industries Construction “It will be one of Asia’s largest blade plant in terms of size and production capacity. MD REYAZ NAJMI. Mohd Ragib Malik. “We have a market cap of almost a billion-and-a-half dollars,” says Devansh, who, as director of his company, is the youngest family member to hold a position in the chemicals-to-multiplexes Inox Group. “It’s about passion, focus and hard work,” he says.So far, analysts have been positive about Inox Wind. Infrastructure development. It was incorporated on 11 May, 2012 and is located in Vadodara, Gujarat. IWL has the largest project site inventory spread across wind rich states and currently has sufficient land bank for the installation of an aggregate capacity of more than 5,000 MW. Our promoter, Gujarat Fluorochemicals Limited, or GFL, has been a pioneer of carbon credits in India and has been among the largest generators of carbon credits globally. Our senior management has extensive experience in the quality, engineering, supply chain management, manufacturing, marketing, project development and maintenance of WTGs. Designing, Engineering, Supply, Erection, Testing and Commissioning, Consulting, Inspection including Civil work of 66KV line & Sub Station. "Inox will introduce newer, technologically advanced products, which yield higher energy at lower costs, thereby increasing the return on investments. Earlier this year, Inox went public with a Rs 1,020-crore IPO that was oversubscribed by 18 times.Inox now looks into the future with hope. And in five years, he steered the company onto the path of profitability—a rarity among local wind energy firms. The agreement was to supply, erect, and commission 250 MW of wind power projects in Gujarat. But from 2010-2013, there was policy paralysis in the country. It is classified as a public limited company.The company has five directors - Shanti Prashad Jain, Venkatanarayanan Sankaranarayanan, and … The Inox Group had no expertise in renewable energy, but backed by a successful IPO, third-generation scion Devansh Jain proved that there is profit in the sector We believe that the Inox Group’s long history, business relationships and financial stability instill confidence in our customers who prefer dependable and established suppliers for long-term projects such as wind farms. A strong current order book of 1,200 megawatts (MW) and investor confidence place Inox Wind, and Devansh, in a sweet spot. So now I am trying to figure out what’s going to be the next avenue for me to build on,” he says.This Jain sure knows how to turn the wind in his favour.The government's renewable energy goals are helping Inox Wind power move ahead.Renewable energy, especially wind power, is riding a strong tailwind. INOX WIND INFRASTRUCTURE SERVICES LIMITED 's Corporate Identification Number (CIN) is U45207GJ2012PLC070279. For example, we believe that our operating and net margins are relatively high and that our operating and total cost per MW is relatively low compared to a number of major wind turbine manufacturers inside and outside of India The Inox Group, which includes two publicly-listed companies, namely Gujarat Fluorochemicals Limited, or GFL, and Inox Leisure Limited, is a market leader in various industries in India. These services include wind resource assessment, site acquisition, infrastructure development, erection and commissioning and long term operations and maintenance of wind power projects.We manufacture the major components of our WTGs, including nacelles, hubs, rotor blade sets and towers, at our in-house facilities. These initiatives will benefit Inox in the years to come.Based on our experience of working with customers in India, we believe many customers prefer not to engage in Wind Site acquisition and other processes associated with the development of wind farm projects. Vadodara Area, India. Besides gaining from manufacturing of turbine generators, Inox has the expertise to offer end-to-end solutions.With renewable energy becoming more viable, the central and state governments are also supporting its production by launching a series of measures. INOX WIND INFRASTRUCTURE SERVICES LIMITED is a Public Company limited by Shares. But from 2010-2013, there was policy paralysis in the country. “We have a market cap of almost a billion-and-a-half dollars,” says Devansh, who, as director of his company, is the youngest family member to hold a position in the chemicals-to-multiplexes Inox Group.When he returned to India from the US in 2007, he shadowed his father Vivek (managing director, Gujarat Fluorochemicals Limited) for two years before deciding to enter the renewable energy sector. We manufacture the key components of our WTGs in-house. 1837 & 1834 AT MOJE JETALPUR, ABS TOWERS, SECOND FLOOR, OLD PADRA ROAD, VADODARA GJ IN 390007. Infrastructure was dead, and wind is clearly a part of infrastructure,” he says.Initially, the name ‘Inox’ worked against him because of its strong branding in the entertainment industry through its multiplex arm, Inox Leisure.“We had to convince them (investors) that we were a technology company with the infrastructure in the heavy duty wind power industry,” says Devansh.There were other teething problems, too, such as getting industry specialists to join the company, acquiring a massive land bank, getting the right technology, executing projects and building a brand in the market.Not one to be bogged down by challenges, Devansh decided to ride out the storm. Our Company, together with our wholly-owned subsidiaries, IWISL and MSEIL, provides turnkey solutions for wind farm projects.

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