Heavy engineering industries hopeful of procuring orders from ICF

TIRUCHIHeavy engineering industries in Tiruchi region have not yet lost hope on procuring orders from Integral Coach Factory (ICF), Chennai, for supply of components.Having developed capabilities for

TIRUCHI Heavy engineering industries in Tiruchi region have not yet lost hope on procuring orders from Integral Coach Factory (ICF), Chennai, for supply of components. Having developed capabilities for forging and machining, the engineering units in the region are in a position to tap the business opportunities of the ICF. They now emphasise on enforcement of 'force majeure' clause (a contract provision that relieves the parties from performing their contractual obligations when certain circumstances beyond their control arise, making performance inadvisable, commercially impracticable, illegal, or impossible) in the context of the pandemic. "We have urged the Central Government to safeguard the engineering industries from the impact caused by the escalation of prices of inputs," Rajappa Rajkumar, president of BHEL Small Industries Association, said.