Suzlon’s Share of Indian Wind-Turbine Market Falls a Second Year
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Suzlon Energy Ltd.’s share of the Indian market for wind turbines dropped for a second year as more companies compete for orders in the world’s third-biggest market for the machines.
Suzlon, based in Pune, India, supplied 35 percent of the 2,923 megawatts of capacity added in the year through March, down from 41 percent the previous year, according to data from the Indian Wind Turbine Manufacturers Association. The company’s lead over its biggest local competitor, Enercon (India) Ltd., also narrowed to 11 percent from 20 percent.