Wind turbines maker Suzlon expects a favorable climate for investment in India, PTI said.
Tulsi Tanti, chairman and MD of Suzlon, said India is expected to see strong governance and an environment for huge investments under the Narendra Modi-led government at the Centre.
Tanti added Modi government is expected to ensure long-term stability in the domestic economy.
India’s economy development will act as a catalyst in reviving global economy,” he added.
Tanti was among the industrialists present at a special session of the legislative assembly where Modi stepped down as chief minister of Gujarat.
Suzlon is facing severe financial crisis. Recently Suzlon Energy is planning to raise 10,000-crore by diluting 25 percent of its German subsidiary Senvion SE (erstwhile RE Power) through an IPO in London Stock Exchange (LSE), to pay off its debts.
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