As a result of constant thrust on developing new technologies and products, Bharat Heavy Electricals (BHEL) registered a 27% growth in its intellectual capital in FY 2009-10. The year witnessed filing of 264 patents and copy rights, marking filing of one patent / copyright every working day.
During fiscal 2009-10, BHEL (Q,N,C,F)* invested Rs 8,290 million on R&D efforts - 20% higher than the previous year. With R&D spend at 2.4% of the turnover; BHEL is the highest spender on R&D in India for its kind of industry. Significantly, BHEL is one of the only four Indian companies and the only Indian Public Sector Co. figuring in `The Global Innovation 1,000` of Booz & Co., a list of 1,000 publicly-traded companies which are biggest spenders on R&D in the world.
more at:
http://www.myiris.com/newsCentre/storyShow.php?fileR=20100429124741203&dir=2010/04/29&secID=livenews
Thursday, April 29, 2010
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