Indian firms secure major global orders in industrial sectors
Cochin Shipyard secured a ₹3,267 crore contract for LNG vessels from CMA CGM, boosting its order book to ₹23,000 crore. BHEL also clinched a power plant project worth ₹1,200 to ₹1,500 crore, highlighting India's growing industrial presence globally.
pre-market1 source ↓written by the desknot a recommendation
- order for six
- ₹3,267 crore
- order book
- ₹23,000 crore
- project valued between
- ₹1,200 to ₹1,500 crore
Indian companies are making strides in the global market, securing significant contracts in energy, infrastructure, and engineering. Notably, Cochin Shipyard received a ₹3,267 crore order for six LNG-powered vessels from France's CMA CGM, boosting its order book to ₹23,000 crore. This marks a pivotal moment for Indian shipbuilding, challenging traditional hubs in China and South Korea.
Additionally, BHEL has won a power plant project valued between ₹1,200 to ₹1,500 crore, further solidifying India's industrial capabilities.
Not investment advice. For informational purposes only.