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BHEL, public utility giant is likely to increase research and development (R&D) spend to 2.5% or cross Rs 2,000 crore with the overall target set at Rs 1,01,600 crore by 2017. It has invested Rs 1,162 crore or 2.3% of the company’s total turnover on R&D during 2011-12.  The value of in-house developments from this R&D inputs was pegged at Rs 9,512 crore.

The Corporate R&D at Hyderabad, which drives the entire research activity of BHEL, also filed 351 claims for intellectual property rights. These include 143 patent applications, 206 for copyright and two for design. 

Peers
Company Name CMP
Bharat Heavy Elect. 448.90
Thermax 3232.25
Kirloskar Industries 3521.90
Skipper 541.30
INDO-MIM 1357.55
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