Bharat Heavy Electricals Ltd. (BHEL) has registered a 27% growth in its Intellectual Capital in FY 2009-10. The year witnessed filing of 264 patents & copy rights, marking filing of one patent / copyright every working day.
Commercialisation of products and systems developed by way of in-house Research and Development contributed around 20% to company’s total turnover of Rs. 340500 Million in 2009-10. During fiscal 2009-10, BHEL invested Rs. 8290 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.
more at:
http://machinist.in/index.php?option=com_content&task=view&id=2732&Itemid=2
Wednesday, May 5, 2010
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