In India Inc's research and development firmament, it's the Bharats that shine the brightest. Two public sector undertakings, Bharat Heavy Electricals Limited and Bharat Electronics Limited, are standout performers among brick-and-mortar companies in India. If you leave aside pharma companies, whose R&D average investments are traditionally higher owing to the research-driven sector they operate in, BHEL (Rs 830 crore) and BEL (Rs 292 crore) spend more on R&D than most of their manufacturing industry peers. While it is only recently that large sections of Indian industry have realised the importance of R&D, for both BEL and BHEL, it has been a part of their organisational DNA for more than a decade.
more at:
http://economictimes.indiatimes.com/news/news-by-company/corporate-trends/bhel--bharat-electronics-two-psus-in-top-rd-spenders-in-india/articleshow/7175544.cms
Wednesday, December 29, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment