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TAT Improvement of BHEL in Equipment Manufacturing may Descend the Market for Private Players

News

Accelerating its project execution momentum, public sector blue-chip company Bharat Heavy Electricals (BHEL) has surpassed the capacity addition target, set by the government for utility projects.
Source: Business Today

SNP Insights

Inrease in capacity addition target by 19% certainly shows that BHEL is improving upon its turnaround time (TAT) which may strengthen its work flow order. This may challenge and surge the competition in BTG/BoP market of India. Hence, it is likely to hit the share of private players.

Note: SNP Infra Research is about to publish a dossier on "BTG Market in India-2015 (Vol 1&2)" for more info click here 
Source: SNP Infra Research