An Investment of Rs.680crore planned by BEML

An Investment of Rs.680crore planned by BEML

BEML, according to the latest announcement is planning to invest rs. 680crore in projects that will help diversifying its productive capacity in the coming 3 years. According to Chairman and Managing Director of BEML V. R. S. Natarajan, BEML is planning an investment of 316 crores in its aerospace division that has projects near Bangalore and Mysore in the aerospace SEZ. An investment of Rs. 100 crore has also been proposed by the company in the Mining and Allied Machinery Corporation based in Durgapur.

BEML Limited establishes assembly unit in Brazil

BEMLA new assembly unit of BEML Limited - the mini-Ratna, construction and mining equipment making PSU under the Defence Ministry - has been set up at Rio de Janeiro in Brazil. The unit, 'BEML Brasil Industrial Ltda,' will bring together its products pertaining to segments like Mining and Construction, Rail and Metro, and Defence.

BEML secures Rs 31 crore contract from Indian Rail Board

Second largest manufacturer of earthmoving equipment in Asia, Bharat Earth Movers Ltd (BEML) has received Rs 31-crore development contract from the Indian Rail Board to design and develop the country’s first stainless steel AC EMU coaches.

The contract involves design, manufacture, supply, testing and commissioning of two rakes or 18 units SS EMU coaches over the next two years.

BEML bags order worth Rs 52 crore from DMRC

Indian Public Sector Undertaking Bharat Earth Movers Limited (BEML) has secured an order worth Rs 52 crore from Delhi Metro Rail Corporation (DMRC) for indigenous design and development of eight cars.

The order is for upgrading eight rail cars having higher passenger carrying capacity. BEML has taken initiatives to design and develop low cost metro cars for the first time in the country.