“Some people may say, ‘You are born with a silver spoon, but it is very easy to lose it all in the third generation,” he says. “Inox Wind is set to become the most profitable company in the ($4 billion) Inox Group this fiscal,” he tells Forbes India.ĭevansh believes he cannot afford to fail because of the robust reputation that the Inox Group enjoys. 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 clocks come up for sale or auction from time to time on eBay or but are a rare bird in the flip clock world. The RC-1122s also do not seem prone to discoloration, and when lightly cleaned with soap and water, appear nearly new. While this model flip clock does tend to pick up light scratches on the clear plastic face (a condition seems to plague essentially all early flip clocks), major cracks in the cabinet are not typical due to the higher quality plastic used. The top buttons are stout, with the mechanisms, as already mentioned, composed primarily of metal - it seems quite unlikely that you'll find a clock with broken or non-functioning buttons on the top. These clocks have held up well over the years, due primarily to the good quality plastics used as well as the metal components on the interior of the clock. The Panasonic RC-1122 comes with a relatively small, 32 ohm, 2 1/2 inch speaker that is curiously located on the very back of the clock. An additionally interior screw on the top of the clock (often hidden by a black piece of felt) must be removed, then the colored case can then be moved away from the cabinet. The cream trim which comprises the base as well, is first removed by gently lifting up from the bottom. This flip clock is easily disassembled by removing two screws in the back, then two on the bottom. The clock can alarm to the radio or raucous buzzing sound. The clock face is lighted by an orange neon glow bulb - the radio dial was not illuminated. The clock measures an exact 8 1/2 inches in width, 3 1/4 inches in height, 5 inches in depth (at the widest point. The colored cabinet has a texture to it that is reminiscent of leather while the trim is smooth. This classic early flip clock is AM radio only and built to last.ĭetails: The RC-1122 flip clock was produced in the green, orange and a brown color all with a cream white trim and buttons. The Panasonic RC-1122 just screams "Retro" and early 70s especially in the classic Avocado green color.
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