Value engineering is an effective way of cutting down the cost and adopts different techniques in order to achieve far greater results.
Air conditioning and commercial refrigeration major Blue Star today posted net profit of Rs 18.55 crore for Q4 FY13 as against a net loss of Rs 45.37 crore registered during the same period last year.
India’s auto leader Maruti has conferred an award to Essar Steel in recognition of contributing value engineering for its passenger cars that account for about 50% market share in the country.