BHEL invites global firms for partnership, setting up manufacturing bases in India amid COVID-19 crisis
New Delhi: Bharat Heavy Electricals Ltd (BHEL) has floated an expression of curiosity inviting world corporations to accomplice with and leverage its amenities for organising manufacturing bases in India amid ongoing financial disruption the world over on account of COVID-19 pandemic.
The Maharatna Central public sector enterprise on Monday highlighted that India can present its large infrastructure of all PSU to foreign-based Industries and convey new applied sciences for home and export markets.
The BHEL said that the worldwide disaster has “thrown up a huge opportunity for India – one of the fastest-growing economies of the world and an attractive investment destination which offers strong democratic governance, a well-established judicial system, a young workforce, one of the largest domestic markets and favourable investment policies.”
The coronavirus has highlighted the risks of producing actions being concentrated in a single location and thrown up the necessity for diversification of provide chains and manufacturing, it stated.
BHEL stated its amenities and capabilities together with its tie-ups, put it in a powerful place to help any worldwide firm in organising a base in India. It has 16 manufacturing amenities throughout the nation with a considerable land financial institution in addition to intensive built-up industrial, industrial, and residential areas. Its manpower energy of about 34,000 contains 9,000 engineers.
It additionally has 16 centres of excellence (CoEs) in different areas like computational fluid dynamics, clever machines and robotics, machine dynamics, nanotechnology, energy electronics, ultra-high voltage, superior transmission, management and instrumentation, floor engineering, coal analysis and advance fabrication expertise.
With these amenities and capabilities together with its tie-ups, the BHEL has cited its robust place to help any worldwide firm in organising a base in India and taking ahead the imaginative and prescient of Prime Minister Narendra Modi for Make in India.
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