Specialist technical expertise and engineering knowledge from
Sheffield Forgemasters has improved manufacturing efficiency for an
Indian power provider by a third in just 18 months.
Sheffield Forgemasters launched a unique knowledge transfer
partnership with India's largest power equipment maker, Bharat
Heavy Electricals Limited (BHEL) in June 2010.
The link-up has already paid dividends with BHEL reporting that
its manufacturing output has improved 30 per cent since the
partnership began, with a further 10 per cent improvement expected
over the next 12 months.
Top Indian government ministers and BHEL management delegates
recently visited Sheffield Forgemasters to review progress of the
landmark deal which sees Forgemasters service the central Asian
country's power generation needs.
S. Sundareshan, Secretary to the Govt. Of India, Department of
Heavy Industries, Ministry of Industry & Public Enterprises was
accompanied by BHEL chairman and managing director, B.P Rao,
director, O.P. Bhutani, executive director, Rajeev Hajela and
general manager, S.V.S. Narayana
Shri B.P. Rao, chairman and managing director of BHEL, said:
"Forgemasters is a world renowned company and we are benefiting
greatly from their expertise and high standard of work."
The trade partnership sees Forgemasters help build new steel
making and forging facilities to manufacture forgings for power
generation projects servicing India's domestic market.
Graham Honeyman, chief executive at Sheffield Forgemasters,
said: "We are delighted to welcome the delegates to Sheffield to
discuss the first 18 months of our trading partnership.
"The deal remains a landmark development in trade terms between
Britain and India and reinforces an already strong trading
partnership with central Asia. The Indian power generation market
is providing us with a unique opportunity to extend our reach and
benefit from sharing our knowledge and skills.
"We received excellent feedback from the delegates on this trip
and the funds generated from the technology transfer fee and
royalties on sales of new products are being ploughed back into
our' ongoing research and development programme here in the
The agreement between Forgemasters and BHEL has provided crucial
business links and trade opportunities. It has enabled the world's
only independently owned forgemaster to establish a strong foothold
in central Asia, helping to protect its future markets in the
sub-continent and serving India's rapidly growing domestic market
for turbine and power generation products.