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Capital goods, infra order book doubles in December quarter

Mumbai trans-harbour link, Telangana power project give a fillip to capital order wins

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Amritha Pillay Mumbai
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