BHEL floats EoI inviting international companies to leverage its facilities

Bharat Heavy Electricals Limited (BHEL) has floated a global expression of interest (EoI) inviting international companies to leverage its facilities and capabilities for setting up a manufacturing base in the country. As per the company, the economic disruption due to Covid-19 has highlighted the risks of manufacturing activities being concentrated in a single location and the need for diversification of supply chains and manufacturing. BHEL’s move comes at a time when many global companies are looking to exit China.

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