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Engineering firms expect pipeline to remain robust amid West Asia crisis
Business Standard
|November 09, 2024
Despite the recent escalation of tensions in West Asia, engineering companies remain optimistic about order activity from the region.
Data for September shows a nearly 50 per cent year-on-year (Y-o-Y) increase in engineering exports, reflecting robust demand and a positive outlook for future orders. This growth suggests that companies in the sector are continuing to see significant opportunities in the region, despite geopolitical challenges.
In the current quarter starting October 1, Larsen & Toubro (L&T), KEC International, and Gensol Engineering are among the companies that have announced fresh order wins from West Asia.
यह कहानी Business Standard के November 09, 2024 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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