Strategic Plans

Strategic Plan 2012
Objective: Become a US$10 Billion company by 2012
Action Areas:
• Identify potential future growth drivers in domestic and international market segments

• Have suitable product capabilities including manufacturing capacities and technologies

• Prepare the organization for competition through quality, low cost operations and efficiencies

• Assess and build enabling HRM & Financial Management

• Growth to be driven by capacity and capability enhancement

• Growth drivers are power, supported by its industry, transportation, transmission, exports and spares & services businesses

• Strategic initiatives to be undertaken like Design-to-cost, Purchase and Supply Management, Lean Manufacturing, etc.

Strategic Plan 2007
Objective: Achieve turnover of Rs. 125,000 million
Result: Achieved target turnover with a top line of Rs. 187,020 million
Action Areas:
• Positioning BHEL as an effective EPC contractor
• Attempting large projects through project partnerships
• Leveraging business through Govt. of India line of credit
• Product sales through distribution networks