- It will manufacture of heavy electrical equipment, process plant equipment, other capital goods equipment, solar value chain, LCDs, lithium-ion cells among others
- It seeks partnerships with global OEMs through different cooperation models like joint ventures, joint manufacturing, technology licensing among others
Bharat Heavy Electrical Limited (BHEL) has issued an Expression of Interest (EoI) that invites global companies to partner and leverage its facilities and capabilities to set up a manufacturing base in India. This will include manufacturing and technology partnerships with global original equipment manufacturers (OEMs) who want to establish or expand their supply chains or manufacturing base in India.
It will include the manufacture of heavy electrical equipment, process plant equipment, other capital goods equipment, solar value chain, LCDs, lithium-ion, transportation equipment, defence and aerospace among others. It added that some possible areas of partnership could be on heavy electrical equipment, project, and transportation equipment, silicon to module solar value chain. It will also include setting up of up to 5 MW capacity of Li-Ion cell manufacturing facility for all types of electric vehicles and energy storage.
Concentrated and localised operations
The document stated, “For a world that must quickly come to terms with the new normal, it is imperative that manufacturing activities are quickly resumed and ramped up, which would help restoration of normalcy and avoiding shortages that may adversely affect international economic recovery. A key lesson for businesses, emerging from the Covid-19 aftermath, is that the decentralizing of manufacturing will have to be adopted as a major strategy to mitigate disruption risks associated with concentrated and localised operations.”
The company also said that it seeks partnerships with global OEMs through different cooperation models. These include joint ventures, joint manufacturing, technology licensing, contract manufacturing, and know-how transfer arrangement
