In a bid to improve its R&D activities, Power equipment maker Bharat Heavy Electricals (BHEL) is planning to invest around Rs 1,300 crore in the current fiscal. In FY13, the company has invested Rs 1,248 crore for R&D purpose, which was an increase of 4.1% over previous year and products that were developed in-house contributed Rs 9,643 crore to the company’s overall turnover last year.
The company’s R&D division had filed 385 intellectual property rights comprising copyrights and patents last year, taking the overall tally to 2,170 patents and copyrights.
BHEL has been committed to the nation’s power development programme and has reaffirmed its commitment to the Indian Power Sector by equipping itself by way of contemporary technology, state-of-the-art manufacturing facilities and skilled technical manpower.
Company Name | CMP |
---|---|
BHEL | 278.80 |
Bharat Electronics | 238.90 |
Thermax | 4388.45 |
Kirloskar Oil Eng | 1024.40 |
Praj Industries | 522.90 |
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