Friday, December 31, 2010

BHEL eyes overseas markets for exports

PSU power equipment manufacturer BHEL is eyeing overseas markets for exports, a top company official today said.

"BHEL is looking at the markets of South Africa, Zambia, Belarus, Indonesia, Libya and Bangladesh", Executive Director of BHEL Trichy Complex A V Krishnan told reporters here.

"We have participated in the tenders," he said, adding that Indonesia was a big market.

To a query, he said that BHEL was looking at inorganic and organic growth.

"We do not want to enter into any JV with any other company for boiler manufacturing," he said.

more at:
http://economictimes.indiatimes.com/news/news-by-industry/indl-goods-/-svs/engineering/bhel-eyes-overseas-markets-for-exports/articleshow/7196591.cms

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