![]() ![]() “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. “Inox Wind is set to become the most profitable company in the ($4 billion) Inox Group this fiscal,” he tells Forbes India.ĭevansh believes he cannot afford to fail because of the robust reputation that the Inox Group enjoys. He is confident of its continued success. A strong current order book of 1,200 megawatts (MW) and investor confidence place Inox Wind, and Devansh, in a sweet spot. And in five years, he steered the company onto the path of profitability-a rarity among local wind energy firms. With a corpus of Rs 40 crore borrowed from Gujarat Fluorochemicals Limited, he started Inox Wind in 2009, at a time when major players like Suzlon and Bharat Forge were stumbling. 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. Neither his father nor his uncle Pavan (chairman and managing director of Inox Air Products) had prior experience in this sector. When he returned to India from the US in 2007, he shadowed his father Vivek (managing director, Gujarat Fluorochemicals Limited) for two years before deciding to enter the renewable energy sector. “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. His company, Inox Wind, the renewable wind energy solutions provider, raised Rs 1,000 crore and was oversubscribed 18 times. ![]() In March 2015, the 28-year-old third-generation scion of Inox Group led one of the biggest initial public offerings (IPOs) that India has seen in the last two years. No one can accuse Devansh Jain of false pride. The Inox Group had no expertise in renewable energy, but backed by a successful IPO, third-generation scion Devansh Jain proved that there is profit in the sector 3 Small-Cap Stocks to Buy - Daily Stocks News on Inox Wind.Land Rover Media Hub – Nur ein weiteres Auto Bildideen on Manufacturing Facilities.Inox Login - Login Individual on Sitemap.INOX Wind: When promoters put in money in troubled business, it calls for deeper look.Inox Wind Board approves merger of Inox Wind Energy Limited into the Company.Inox Wind’s 3 MW Wind Turbine receives certification.Inox Wind’s 3MW Turbine gets Type Certification from Germany, paves way for commercial launch.Inox Wind receives Type Certification from TUV SUD for its 3 MW wind turbine.~~~ We want you to be 100% satisfied with your purchase! □~~~ Thank you for shopping with us, and please do not hesitate to contact us if you have any questions. Enhance your well-being and bring tranquility into your space with this stunning crystal tower. Each tower is unique, reflecting the natural beauty and metaphysical properties of Lavender Rose Quartz. It promotes emotional healing, self-love, and relaxation, making it perfect for meditation, energy work, or as a beautiful decor piece. Crafted from natural Rose Quartz with a delicate lavender hue, this healing crystal point emanates soothing and calming vibrations. Immerse yourself in the serene energy of this Lavender Rose Quartz Tower. Elevate your crystal collection or gift someone special with the serene energy of this Lavender Rose Quartz Tower. Each tower is unique, showcasing the delicate lavender hues and natural patterns of this crystal. Lavender Rose Quartz is known for promoting emotional healing, self-love, and inner harmony. ![]() Crafted from natural Lavender Rose Quartz, this healing crystal point radiates soothing and calming energy, bringing a sense of tranquility to your space. Experience the serenity and beauty of this Lavender Rose Quartz Tower. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |