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Siemens uncorks plans for €70m turbine factory in India Photograph: Siemens AG

Siemens uncorks plans for €70m turbine factory in India

In a direct challenge to Suzlon, Siemens has unveiled its long-awaited plans to open a €70m ($98m) turbine production facility in India, as it vies for a permanent slice of one of the world’s largest and fastest growing markets for renewables.

Karl-Erik Stromsta

Published: Wednesday, February 3 2010

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