Capital goods, infra order book doubles in December quarter

Mumbai trans-harbour link, Telangana power project give a fillip to capital order wins

The order inflow trend for capital goods and infrastructure companies in the country has shown significant improvement, with the order value having more than doubled on a year-on-year basis in the December quarter so far. 

Between October 1 and December 6, various infrastructure, construction and capital goods companies announced orders worth Rs 55,814 crore as new order wins. In the third quarter of 2016-17, this number stood at Rs 27,324 crore.

Two major orders — Bharat Heavy Electricals’ win of Rs 20,400 crore power project in Telangana and Larsen & Toubro bagging the Rs 8,650-crore order for the Mumbai trans-harbour