The document provides information about Bharat Heavy Electricals Limited (BHEL), a government-owned power equipment manufacturer in India. It discusses BHEL's founding by the Government of India, lists some of its current leadership, and outlines strategic decisions and expansion plans undertaken by the company over time, including merging with another corporation in 1974 to become a larger, more competitive global enterprise.

1. Submitted To : Submitted By :
Mrs. Aparna Shastri Amit Sharma
MBA
C- 47

2. History of the Company
• Founder of the company – Government of india.
• Member of the company- Atul Sobti
Chairman & Managing Director
• Dr. Subhash Chandra Pandey Special Secretary & Financial Adviser
• Shri Pravin L. Agrawal Joint Secretary
• Shri Akhil Joshi Director (Power)
• Ms. Surama Padhy Independent Director

3. Product of the Company

4. DEVELOPMENT PLAN OF THE COMPANY
• As per the plan, the second-generation manufacturing units were set
up as Transformer Factory at Jhansi, Central Foundry Forge Plant at
Haridwar, and Seamless Steel Tube Plant at Tiruchirappalli to meet
the objective of expansion and vertical integration.
• Accordingly, the Planning Commission recommended initiating steps
towards setting up a factory for the manufacture of all types of heavy
electrical equipment required for various projects.

5. ANY STRATEGIC DECISION TAKEN BY THE
COMPANY
• The merged entity would also be better able to stand growing global
competition.
• After due deliberations, Government of India in 1972, decided to merge
the operations of the two corporations and create a truly modern global
enterprise.
• Accordingly, HE(I)L and BHEL formally merged in January 1974.
• In such acquisitions, the time limit is short and there is a need for quick
decision-making, something which we do not have.
• Then comes the problem of setting up companies for tax-saving purpose
and to incorporate different companies, which throws up its own set of
challenges...,” said another Bhel executive, who also didn’t want to be
identified.