Until its public offering in 2005 Suzlon was virtually unknown and had to hard-sell its credentials.
Suzlon has built Asia's largest wind farm, at 500 megawatts, near Kanyakumari, on India's southernmost tip.
At home, where it still makes 90% of its sales, Suzlon has 35% of the market.
Wind energy entrepreneur Tulsi Tanti, too, fell off as shares of his Suzlon more than halved.
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Suzlon clinched the deal not only because it could supply at prices 10% lower than its European rivals.
Suzlon, once a darling of investors, had to restructure part of its debt.
Suzlon's surging revenues are only one-fifth those of Vestas, but the Indian outfit has been consistently profitable for six years.
But Suzlon's results for the year that ended in March vindicated some of the optimistic forecasts made for the business.
That was when he sold a minority of shares in his company, Suzlon Energy, which makes wind turbines, on the stockmarket.
One of Suzlon's avid customers is John Deere, the farm-machinery maker, which has gotten into the business of brokering and financing windmills.
By 1999 Suzlon had introduced its partly homegrown turbine into the market.
Turns out that Suzlon's robust turbines could best withstand extreme weather conditions.
India itself could easily keep Suzlon busy in the years to come.
India's wind man Tulsi Tanti and his brothers lost 91% of their fortune, amid reports about the poor quality of Suzlon's wind blades.
Tanti is aiming high and wants to close the gap with Suzlon's biggest European competitors, Denmark's Vestas Wind Systems, Germany's Enercon and Spain's Gamesa.
In a marketing drive led by Tanti's younger brother Girish, an electronics engineer, Suzlon has established a marketing outpost in Denmark to canvas for customers outside India.
Now situated in Pune, a city known for its engineering skills, Suzlon is a prime example of India's emerging story in manufacturing, less told than the technology-services tale.
Tanti is positioning Suzlon to get a fair chunk of that growth by being a low-cost producer and is collecting engineering talent so Suzlon can continually improve technology.
Suzlon Energy makes the machinery that turns wind into electricity.
From a shareholder's perspective Suzlon has been a disaster.
Zhengrong Shi, chairman of China's solar energy giant Suntech Power and Tulsi Tanti of India's wind company Suzlon Energy have both netted billions in recent years by harvesting nature's own power sources.
"We felt that Suzlon, which was learning to become a global supplier, was the best option for our small, community-based projects, " says David Drescher, vice president of the wind energy group at John Deere Credit.
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