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.The stores that make up our coalition are consistently honored in “Best Of” record store lists by national publications such as Rolling Stone, Paste Magazine,, USA Today, The New York Times and the Wall Street Journal. Some also function as live music venues and gift shops. Many of our stores even carry audio equipment (turntables, speakers, headphones, etc.), music and feature film DVDs, and music paraphernalia such as vintage clothing, t-shirts, posters, figurines, toys, and the like. You will find a deep catalog, rare imports, and the broadest music selection available in our stores – we pride ourselves on that. We range from massive storefronts to hidden neighborhood gems – we can guarantee that no two are alike. Our stores are found in major cities, college towns, bustling suburbs, and tourist meccas. The stores that make up CIMS to are all very different, but we share the same desire – to be the heart of our communities, to super-serve our customers and to share our love of music. We pride ourselves on creative marketing strategies that are based on years of proven results combined with new media technologies.
We are the liaison between each individual independent store and the artist’s record label. We are not a chain, but a coalition of locally owned record stores working together for the betterment and support of each other, our industry, the artists we love, and the music fans that make this all possible.ĬIMS works on behalf of our member stores to broker marketing campaigns. We are also the owners of the independent distribution company, ThinkIndie that we founded in 2002. We are co-founding members of Record Store Day and long-time members of the Music Business Association. The Coalition of Independent Music Stores ( CIMS) is a collective of 40 independently owned record stores in 25 states throughout the country.ĬIMS was the first record store coalition - founded in 1995.
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