The Department of Heavy industries release
report of public sector Enterprises performance. As per its report, thirty two
operating central public sector Enterprises have achieved an aggregate turnover
of Rs. 50006.62 crores and recorded a growth rate of 12.33%. The aggregate annual
profit of Rs. 7430.78 crore .The appreciating fact is that the renowned US
business Magazine Forbes ranked BHEL as the 9th Most Innovative
Company in the world. The automotive sector registered growth of 12.23\4% in
2011-2012. The department taken initiatives to promote the manufacture and use
of electric Vehicles under the National Mission of Electric Mobility. The National Automotive Testing and R&D Infrastructure
Project (NATRIP) is to be completed by December, 2012 at a revised cost of Rs.
2,288 crore.
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