India's top power equipment maker Bharat Heavy Electricals Ltd may miss its order growth target of 600 billion rupees ($13.2 billion) for the fiscal year ending March as it faces a slowdown in new domestic orders, its chairman said on Friday.
The state-run firm hopes to garner several large orders in March as potential customers rush to complete their budgeted spends before the fiscal year-end, but may see some contracts pushed into the next year.
"Though it is very difficult to achieve, but I am still maintaining my guidance, if luck favours," BHEL Chairman and Managing Director B Prasada Rao told Reuters over telephone
ref:
http://articles.economictimes.indiatimes.com/2011-03-11/news/28680359_1_growth-target-bhel-chairman-new-orders
Saturday, March 12, 2011
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment