BHEL launches multi-dimensional Transformation Strategy

Sarkaritel
By Sarkaritel January 29, 2020 14:19


New Delhi, January 29: Bharat Heavy Electricals Limited (BHEL) has declared 2020 as ‘The Year of Transformation’ with the objective of putting the company on the path to becoming a Future-Ready Global Engineering Organisation. Towards this end, it has kicked off a multi-dimensional transformational strategy to address the multiple business challenges it currently faces – including decline in its traditional market for thermal power equipment, disruptive technology developments and increasingly stringent customer requirements. With this, the company aims to turn the current challenges into opportunities for the future.

In its over five-decade journey, BHEL has been a key contributor to India’s industrial development.  Presently, more than 50% of the electricity generated in the country comes from BHEL manufactured power generation equipment (including Thermal, Hydro, Nuclear & Gas based generation). The company has also played a critical role in core sectors such as Defence, Aerospace, Transportation, etc.

Sarkaritel
By Sarkaritel January 29, 2020 14:19