Exel Composites signs Suzlon supply deal valued at over EUR 100 million
Exel Composites signed a multi-year supply agreement with Suzlon for pultruded carbon fiber planks used in wind turbine blade spar caps. Potential value of deliveries estimated above EUR 100 million through March 2029; volumes depend on Suzlon production needs. Supply will be handled by India joint venture Kineco Exel