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Exel Composites' Indian JV Signs Supply Deal with Suzlon Energy
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01:39 AM EDT, 09/24/2026 (MT Newswires) -- Exel Composites' (EXL1V.HE) India-based joint venture signed an agreement to supply pultruded carbon fiber planks for wind turbine blade spar caps to Suzlon Energy. The products will be manufactured at Kineco Exel Composites India's factory in India. The agreement has a potential value of over 100 million euros through March 2029, depending on delivery volumes, the Finnish technology company said on Thursday.
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