Senvion Heads Into Indian Market With New Subsidiary

Posted by Betsy Lillian on February 19, 2016 No Comments
Categories : New & Noteworthy

Germany-based turbine manufacturer Senvion is entering the Indian market by opening a new subsidiary in Delhi.

Amit Kansal, former commercial country manager at Vestas India, will lead the new office as CEO and managing director of Senvion India Ltd.

In addition to Senvion’s Bengaluru, India, research and development (R&D) center – which supports the company’s TechCenter in Osterrönfeld, Germany – the new subsidiary, opening Feb. 22, will focus on providing wind energy solutions for Indian sites.

In early 2015, Senvion was acquired by funds advised by investment firms Centerbridge Partners and Arpwood Partners and has since embarked on a transformation plan that includes further global expansion, as well as increased investment into product R&D, the company 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,” says Jürgen Geissinger, CEO of Senvion. “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.”

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