SMEs see raft of orders

Small and medium-sized Indian companies are flooded with export and domestic orders "" 25 companies informed the Bombay Stock Exchange in January and February 2005 alone that they had received orders worth Rs 2,500 crore.

This includes export orders valued at Rs 1,000 crore and domestic orders at Rs 1,500 crore.

While engineering, construction and infrastructure companies have booked most of the domestic orders, the export orders were received by cement, textiles, information technology, telecom, metals, gold jewellery and trading companies.

The exports orders are from Europe, South Africa, Turkey, United States, Singapore, Egypt, Gulf countries and the United Kingdom.

These are for the supply of polyester yarn, diamond jewellery, home furnishings, confectionery fats, DVD players and recorders, developing mobile healthcare enterprise solutions, saw pipes and software solutions, among other things.

The domestic orders are for the construction of roads, the supply of cables, the construction of buildings, water supply projects, contracts for offshore transportation and installation work, the supply of diesel engines and electric motor-driven pumpsets, bridge construction, causeway reclamation, erection of sub-transmission stations, strengthening of electrical networks, the construction of a new foundry and forge shop and drinking water supply schemes.

IVRCL Infrastructures & Projects bagged new orders valued at Rs 311 crore for the construction of buildings, water transmission and road works.

Simplex Concrete Piles (India) secured Rs 107.27 crore of contracts for wharf and approach bridge construction and causeway reclamation.

Valecha Engineering bagged projects worth Rs 63.98 crore from the Pune Municipal Corporation to improve the infrastructure in Pune. Ratnamani Metals bagged orders worth Rs 60.83 crore from the Gujarat Water & Supply Sewerage Board.

Subhash Projects & Marketing received an order for setting up a package worth Rs 45.08 crore for the Jharkhand State Electricity Board, Ranchi.

Nagarjuna Construction secured new orders from various clients, totalling Rs 391 crore. Dolphin Offshore Enterprises received four contracts adding up to Rs 26.05 crore from overseas as well as Indian companies.

Kirloskar Brothers received orders worth Rs 24 crore from the Government of Angola. The order involves supplying diesel engines and electric motor driven pumpsets.

Southern Ispat received Rs 10 crore worth of orders from Indicaa Global Ltd, Dubai, for 4000 tonne of C I castings. Man Industries bagged orders worth Rs 542 crore for the supply of SAW pipes with value added coating from a Middle East country.

Goyal Associates secured three exports order worth Rs 14.4 crore for the supply of diamond jewellery while Rajesh Exports received an order to supply studded gold jewellery worth Rs 146 crore.