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Godrej & Boyce expects increase in demand for precision equipment

Industrial products maker Godrej & Boyce on Monday said it expects an increase in the demand for precision equipment and larger opportunities for growth in the bespoke engineering systems space. The Godrej group firm expects increase in demand as the country’s ‘Make in India’ mission gathers greater momentum, it said in a statement.

Godrej & Boyce, a strategic partner of the Nuclear Power Corporation of India (NPCIL), was integrally involved in supplying mission critical equipment to NPCIL for the Kakrapar Atomic Power Plant-3 — the first indigenously-built 700 MWe Pressurized Heavy Water Reactor (PHWR) in India that achieved criticality recently, it added.

Godrej Precision Engineering delivered the fuelling machine bridge and carriage for Kakrapar Atomic Power Plant-3 which are installed in the critical zone of the nuclear power reactor.

Now, approval of 10 new 700 MW nuclear power projects will be one of the key drivers of the government’s ‘Atmanirbhar’ initiative, it added.

Source
ET Energy World
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