
BEML Ltd
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BEML
Past performance
About BEML Ltd BEML Ltd, a leading Indian public sector company under the Ministry of Defence, specializes in manufacturing heavy earth moving equipment and operates in three key verticals: Mining & Construction, Defence & Aerospace, and Rail & Metro. As a Mini Ratna Category - I Public Sector Enterprise, BEML exports its products and services to over 68 countries, focusing on markets in the Middle East, Africa, and Southeast Asia. The company has four manufacturing complexes in India and a subsidiary steel foundry. BEML's diverse product offerings include mining machinery, rail coaches, and defence vehicles, with a strong focus on innovation and indigenization, aligning with India's Make in India initiative.
BEML's strategic initiatives include entering new markets, technological collaboration, and forming joint ventures to enhance its product portfolio. The company has shown consistent growth, with significant contributions from its Rail & Metro and Defence segments, and has been recognized for innovation and excellence. With ongoing diversification and expansion efforts, such as the development of India's largest dump trucks and driverless metro cars, BEML continues to strengthen its position as a key player in the heavy engineering sector.
Performance overview
