New EPC downstream players open up space for engineering majors to re-enter India – 4 May 2021

In another very large downstream tender, we found rank outsiders outsmarting established players

This is an interesting trend, and is likely to gain momentum to weeks and months ahead

It is a great time also for global engineering majors who seem to have got left out of the game, and they can crawl back and mark some space for themselves with these aggressive new players

Or even with bumbling elephants like BHEL