Suzlon group chief financial office Kirti Vagadia said the wind market is expected to grow at around 30 percent this fiscal to over 4,400 mw, compared to 3,415 mw in 2015-16.
Tanti forecasts a growth of 30% for the Indian wind sector, but he says Suzlon is going to do better than that.
Global VC investments rose to USD 520 million in 14 deals in 2015, compared to USD 311 million in 15 deals in 2014, it added.
Key fundamentals of India's wind sector are in place. All it needs is adequate attention from the government.
Global Venture Capital funding in wind sector declined by 15 per cent to USD 315 million in 2012, according to Mercom Capital that said the sluggish figures do not indicate lack of innovation in the sector.