Sunday, April 11, 2010

BHEL records turnover of over Rs 6,000 crore in FY 2009-10

Bharat Heavy Electricals Limited Research and Development city unit achieved a turnover of Rs 6,334 crores during the year 2009-2010
through products and systems developed in house.

Addressing the annual press meet here today Dr M S Jain, General Manager (Incharge) of the unit said BHEL had the distinction of being one of the four Indian companies figuring in "The Global Innovation 1000" to be ranked for its record expenditure on R&D.

He said BHEL spent Rs 788 crore on R&D efforts which was 2.3 per cent of company turnover.

more at:
http://economictimes.indiatimes.com/news/news-by-company/earnings/earnings-news/BHEL-records-turnover-of-over-Rs-6000-crore-in-FY-2009-10/articleshow/5777740.cms

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