The order inflow trend for capital goods and infrastructure companies in the country has shown significant improvement, with the order value having more than doubled on a year-on-year basis in the December quarter so far.
Between October 1 and December 6, various infrastructure, construction and capital goods companies announced orders worth Rs 55,814 crore as new order wins. In the third quarter of 2016-17, this number stood at Rs 27,324 crore.
Two major orders — Bharat Heavy Electricals’ win of Rs 20,400 crore power project in Telangana and Larsen & Toubro bagging the Rs 8,650-crore order for the Mumbai trans-harbour