Non-Electric Machinery
Non-electrical
machinery products include: industrial machinery, machine tools, prime movers,
agricultural machinery, general purpose machinery, steam boilers etc.
There are about 490 large public and private
companies in the country operating in this sector. Of these their recent annual
reports show that nearly 20% - 102 companies – engage in R&D activities to
a tune of Rs. 500 crores. Many of
these companies are in the tail end of the list and contribute only Rs. 1 lakh
or there about to the R&D kitty.
Eleven of these 102 copanies have an
investment of over Rs. 10 crores and among them BHEL R&D stands out in the
context. BHEL’s efforts in R&D in well known. [http://www.rndindia.info/intfinal.asp
] The company’s turbines and power-generating equipment compete with
the best in the world market.
Within this sector, R&D in agricultural
machinery standout with Escorts, Tractors and Farm Equipment Ltd, TAFE Motors
& Tractors Ltd., and Punjab Tractors Ltd., appearing in the elite list of
companies with sizeable R&D
Major players with R&D in the sector [2007*]
|
|
Rs.
Crores |
||
|
|
R&D
Capital |
R&D
Current |
R&D
Total |
|
Bharat
Heavy Electricals Ltd. |
8 |
244 |
252 |
|
Larsen
& Toubro Ltd. |
4.12 |
51.35 |
55.47 |
|
Cummins
India Ltd. |
2.51 |
18.78 |
21.29 |
|
Tractors
& Farm Equipment Ltd. |
0.91 |
18.69 |
19.6 |
|
Kirloskar
Oil Engines Ltd. |
2.88 |
16.41 |
19.29 |
|
B
E M L Ltd. |
0.9 |
17.15 |
18.05 |
|
Greaves
Cotton Ltd. |
5.24 |
8.8 |
14.04 |
|
Escorts
Ltd. |
0.26 |
12.92 |
13.18 |
|
T
A F E Motors & Tractors Ltd. |
0.68 |
12.32 |
13 |
|
International
Tractors Ltd. |
1.26 |
10.42 |
11.68 |
|
Punjab
Tractors Ltd. |
2.98 |
8.56 |
11.54 |
*Annualized
figures
R&D Investment Trends in Non-Electrical Machinery Sector
