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Mumbai - Indian wind turbine maker Suzlon Energy aims to grow its global market share to 9% to 10% this year from 7% last year, its head said on Wednesday.
It will grow faster than the wind industry growth rate of 15% in coming years, and the growth will be driven by Europe, emerging markets and the offshore turbine segment, Suzlon chairperson and managing director Tulsi Tanti told Reuters in an interview.
The company is also considering setting up a manufacturing facility in South Africa next year, he said.
The world's fifth-largest wind-turbine maker, under pressure for nearly two years because of slowing sales and rising interest costs on its huge debts, last week posted a second consecutive quarterly profit.
It will grow faster than the wind industry growth rate of 15% in coming years, and the growth will be driven by Europe, emerging markets and the offshore turbine segment, Suzlon chairperson and managing director Tulsi Tanti told Reuters in an interview.
The company is also considering setting up a manufacturing facility in South Africa next year, he said.
The world's fifth-largest wind-turbine maker, under pressure for nearly two years because of slowing sales and rising interest costs on its huge debts, last week posted a second consecutive quarterly profit.
