New Delhi, India – Bharat Heavy Electricals Ltd (BHEL) has recently established a new business vertical ‘Make in India (MII) Business Development Group’. In line with the objectives of 'Make in India, Make for the World' and AtmaNirbhar Bharat, the group will bring together several initiatives taken by the company in recent times. These include; in-house development and manufacture of items currently being bought out / imported by the company, in-house development and manufacture of major items in the country’s engineering imports basket, and working with global OEMs for manufacturing items / sub-assemblies for India as well as for exports.
The company also has an Expression of Interest inviting global manufacturing companies to leverage on its facilities and capabilities to set up a manufacturing base in India as well as strive towards Indigenisation of the major imports especially in the capital goods sector. These measures should greatly enhance its ongoing efforts and enhance capacity utilization across the entire company, towards the vision of the Honorable Prime Minister’s vision of an AtmaNirbhar Bharat movement.
BHEL was developed for the purpose of achieving self-sufficiency in the power sector. To this end, the company has covered the entire equipment manufacturing range of the power sector generation (coal, gas, lignite, hydro, nuclear, renewables) and transmission segments. The company supplied equipment contributes to over 50 percent of the power generated in the country. Over the years, the company has diversified into several engineering and manufacturing activities in the core sectors of the economy and has been a leader in indigenous manufacturing in the country.
Image Source: BHEL