Senvion enters India as new core market
Dated: February 20, 2016
Senvion, a leading global manufacturer of onshore and offshore wind turbines is starting operations in India as of 22nd February. Amit Kansal, former Commercial Country Manager at Vestas India, will lead the Senvion office in Delhi as CEO and Managing Director of Senvion India Ltd. In addition to the Senvion R&D Center in Bengaluru that supports Senvion's global TechCenter in Osterrönfeld, Germany, the Senvion India subsidiary will focus on providing the high-quality wind energy solutions for Indian wind sites.
Jürgen Geissinger, CEO of Senvion says "Senvion is focused on continuous and sustainable growth. With respect to our future business, we constantly analyze our core markets as well as potential new markets. India is a market where Senvion can offer the right products and services as well as the dedication and flexibility that is needed. With our new team, led by the highly experienced Amit Kansal, I am confident about introducing Senvion to the Indian market." To date, Senvion is present in 20 countries in five continents.
Amit Kansal, CEO and Managing Director of Senvion India, said: "Given the strong initiative by Indian Government on renewable energy, it is exactly the right time for Senvion to enter the Indian market. India has huge potential in wind power. What this market needs is an agile and fresh-minded company that is willing and able to apply new approaches and adapt to these needs. Senvion will begin in India as a start-up with exactly these qualities and with a parent company with long-standing experience and solid R&D that is able to strengthen and back up its operation. I am very much looking forward to this mission." Kansal has 23 years of overall experience of which last 12 years have been spent in the power and renewables sector.
In early 2015, Senvion was acquired by funds advised by the investment firms Centerbridge Partners and Arpwood Partners and has since successfully embarked on a transformation plan that includes increased investment into research and development for product development, and further global expansion.