BHEL plans collaboration with IITs to ramp up R&D activities
Opening up of market in the last few decades has reduced access to technology. Hence, BHEL wants to ramp up R&D activities, with the help of IITs
BS B2B Bureau B2B Connect | New Delhi
B Prasada Rao, CMD, BHEL stressed that the company's products have market dimensions with a focus on customer requirements and that R&D projects should align with market needs. BHEL offers around 180 products and there is a need to dovetail R&D activity with marketing efforts. He also mentioned that the country should have protection from cheap imports of inefficient finished goods and we must be able to produce technologically advanced and economically viable products.
Rao further said that in the initial years, BHEL's focus was on absorbing technologies as the company has always remained focused on satisfying customers' needs. Assimilation of technology has been very good and this has made it possible for BHEL to mark its presence in 76 countries worldwide. Today, BHEL is among one of the few global companies having the capability to manufacture the entire range/type of power equipment. However as the market opened up in the last few decades, the access to technology has reduced. There is a need to develop technologies required for the needs of the country at economical costs. BHEL, therefore, needs to enhance its development focus by ramping up R&D activities and increase R&D efforts in a big way.
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For the last two decades, BHEL has been working with IITs for filling technology gaps by taking part in IIT Research Parks to ramp up R&D activity. The company has dedicated product development groups in all its units for all the products. Application oriented research takes place at the unit level. A number of Centres of Excellence for various technology areas have been set up to strengthen R&D. Guided by the possible research areas of collaboration and remaining focused on the emerging market needs, the R&D efforts will be further scaled up in identified areas by BHEL.
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First Published: Jun 23 2014 | 12:20 PM IST