Bharat Heavy Electricals Ltd (BHEL’s), Tiruchirappali (Tiruchy), unit is planning to increase the research and development (R&D) spend by 73 per cent to Rs 400 crore. The public sector boiler manufacturing unit has said it will spend 3.5 per cent of the turnover in R&D, according to company’s senior official.
A V Krishnan, executive director, BHEL- Tiruchy said, R&D spend during 2009-10 was Rs 231 crore, which is 2.31 per cent of turnover. In the coming fiscal it will increase to Rs 400 crore, which will be 3.5 per cent of the turnover.
"Compared to other BHEL units across the country our spend on R&D will be the highest," said Krishnan.
more at:
http://sify.com/finance/bhel-unit-to-spend-rs-400-cr-on-r-d-news-news-kehcaDhhfic.html
Tuesday, April 6, 2010
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1 comment:
hai Sir, like to know what are R&D products of BHEL trichy. Recently i got joining offer at BHEL trichy....
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