Brighter days ahead for shaken Indian wind market

Optimism is returning to India after a gloomy period due to changed framework conditions.

After a tough year for the wind turbine industry in India, where changes in framework conditions sent shock waves through the market, growth is now returning.

India's wind turbine industry expects to install between 3 and 4 GW in the fiscal year 2018/2019 after expected installations of no more than 1.5 GW in the 2017/2018 period ending April 1, according to the Indian Wind Turbine Manufacturers' Association (IWTMA) which covers companies such as Vestas, Siemens Gamesa, GE, Senvion and Suzlon Energy, writes industry media Recharge News.

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