Joined in 2023 
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63 About this deal
Some measures include accelerated depreciation on wind power assets, generation-based incentives, inclusion of wind power projects as CSR activity and doubling of the National Clean Energy cess. Neither his father nor his uncle Pavan (chairman and managing director of Inox Air Products) had prior experience in this sector. I think Inox Wind has reached a stage where it is very strong and the management team is rock solid. We had to convince them (investors) that we were a technology company with the infrastructure in the heavy duty wind power industry,” says Devansh. Multi-Function – Ideal for commercial work, repair and remodel projects where care and precision are needed including cabinets, countertops, flooring and many more.
But the Inox Group was looking to diversify, and given India’s energy deficit and the global thrust towards cleaner forms of energy, Devansh convinced his family of the power of wind. Its clients include independent power producers, utilities, public sector units and Corporates such as Tata Power, Continuum Wind and CESC. Manufacturer warranties and service options may not be valid or available outside of the United States. With renewable energy becoming more viable, the central and state governments are also supporting its production by launching a series of measures.Only 4 stars as I’ve yet to put it to work but have high hopes for it – the large prying area should make it great when whatever is behind is worth keeping. Some people may say, ‘You are born with a silver spoon, but it is very easy to lose it all in the third generation,” he says. per cent over the past two years from Rs 1,005 crore in 2012/13 to Rs 2, 558 crore in 2014/15, while net profits have nearly doubled from Rs 148 crore in 2012/13 to Rs 332 crore in 2014/15. Multi-Function - Ideal for commercial work, repair and remodel projects where care and precision are needed, including cabinets, countertops, flooring, and many more.
His company, Inox Wind, the renewable wind energy solutions provider, raised Rs 1,000 crore and was oversubscribed 18 times. The trim removal tool has a larger, flatter and wider contact area than clumsy traditional tools and features an integrated wedged center that provides increased removal efficiency and prevents damage to both the trim and wall. If the item comes direct from a manufacturer, it may be delivered in non-retail packaging, such as a plain or unprinted box or plastic bag. We have a market cap of almost a billion-and-a-half dollars,” says Devansh, who, as director of his company, is the youngest family member to hold a position in the chemicals-to-multiplexes Inox Group. Ergonomic Handle - All our trim puller is built with an ergonomic, comfortable and textured dipped handle.There were other teething problems, too, such as getting industry specialists to join the company, acquiring a massive land bank, getting the right technology, executing projects and building a brand in the market. Devansh believes he cannot afford to fail because of the robust reputation that the Inox Group enjoys. It has sufficient land bank for the installation of an aggregate capacity of more than 4,500 MW," says Devansh Jain, Director, Inox Wind. One of the biggest challenges he faced was an unanticipated policy shift: In 2012, barely three years after Inox Wind was set up, the then Congress government withdrew key benefits, including a generation-based incentive.
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