Though India has an annual manufacturing capacity of over 9.5GW of wind turbines, the country has been seeing only about 3GW in annual installations under the 12th Five Year Plan target. India is fast emerging as a wind turbine manufacturing hub as global and domestic majors are beefing up their operations in the country and the country's annual wind turbine production capacity is expected to cross 10,000 MW during the current financial year. India is emerging as a major wind turbine-manufacturing hub today.
At least 16 existing manufacturers have a consolidated annual production capacity of over 9,500 MW in 2012 alone and expectations are that at least four new companies could foray into the Indian wind sector over the next couple of years.
Therefore, over 20 wind turbine manufacturers and turbine suppliers may operate from India by 2013-14.
The annual wind turbine manufacturing capacity is likely to cross 10,000 MW during the upcoming fiscal year.