Ajay Kumar at 06:56, 23 August 2023

2023-08-23T06:56:38Z

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{{Short description|Indian heavy equipment manufacturer}}
{{Use Indian English|date=August 2020}}
{{Use dmy dates|date=October 2020}}
{{Infobox company
| name = BEML Limited
| logo = Bharat Earth Movers Logo.svg
| image = Kolkata-metro-1200.jpg
| image_caption = BEML made trainset for [[Kolkata Metro Line 2]]
| type = [[Public company|Public]]
| traded_as = {{NSE|BEML}} {{BSE|500048}}
| industry = [[Heavy equipment]] [[defense (military)|Defence]] [[Rail transport|Railway vehicles]]
| foundation = {{start date|May 1964}}
| location_city = BEML Soudha, No 23/1, IV Main, Sampangiramanagar, [[Bangalore]], [[Karnataka]]
| area_served = Worldwide
| key_people = Amit Banerjee {{small|(Chairman & MD)}}<ref>{{Cite web|url=https://www.bemlindia.in/leadership.aspx|title = Defence, Mining & Construction and Rail Coach Factory in India}}</ref>
| products = [[Heavy equipment (construction)|Earthmoving equipment]] Underground mining equipment Railway equipment High power diesel engines Heavy duty hydraulic aggregates
| revenue = {{decrease}} {{INRConvert|3077.37|c}} (2020)<ref name="Balance Sheet 2020">[https://www.bemlindia.in/writereaddata/Downloads/202006291135March2020.pdf "Balance Sheet 31.03.2020"].</ref>
| operating_income = {{increase}} {{INRConvert|153.20|c}} (2020)<ref name="Balance Sheet 2020"/>
| profit = {{increase}} {{INRConvert|68.38|c}} (2020)<ref name="Balance Sheet 2020"/>
| assets = {{increase}} {{INRConvert|5066.71|c}} (2020)<ref name="Balance Sheet 2020"/>
| equity = {{increase}} {{INRConvert|2257.15|c}} (2020)<ref name="Balance Sheet 2020"/>
| owner = [[Government of India]] (54.03%)<ref>{{cite news |title=Defence PSU BEML on the block, govt to invite financial bids in Dec quarter - ET Government |url=https://government.economictimes.indiatimes.com/news/defence/defence-psu-beml-on-the-block-govt-to-invite-financial-bids-in-dec-quarter/93856965 |access-date=9 February 2023 |work=ETGovernment.com |language=en}}</ref>
| num_employees = 5,573 (FY 2021-22)
| location_country = India
| subsid = [[Damodar_Valley_Corporation#Joint venture projects|MAMC Industries]] [[Skybus Metro|BEML Skybus]]<ref>{{Cite web|url=http://www.indiaenvironmentportal.org.in/content/158321/beml-to-make-foray-into-sky-bus-project/|title=BEML to make foray into sky-bus project - India Environment Portal | News, reports, documents, blogs, data, analysis on environment & development | India, South Asia|website=www.indiaenvironmentportal.org.in|accessdate=24 May 2023}}</ref>
| homepage = {{url|https://www.bemlindia.in}}
}}
'''BEML Limited''', formerly '''Bharat Earth Movers Limited''', is an Indian [[Public sector undertakings in India|public sector undertaking]] which manufactures a variety of heavy equipment, such as that used for earth moving, railways, transport and mining. It is headquartered in [[Bangalore]]. BEML is Asia's second-largest manufacturer of earth moving equipment.<ref>{{Cite web|url=https://www.thehindubusinessline.com/news/variety/BEML-From-earth-moving-to-aerospace/article20595770.ece|title=BEML: From earth moving to aerospace|publisher=[[The Hindu Business Line]]|date=27 March 2013|access-date=28 March 2013}}</ref> Its stock trades on the [[National Stock Exchange of India]] under the symbol "BEML", and on the [[Bombay Stock Exchange]] under the code "500048".<ref>{{Cite web|url=https://economictimes.indiatimes.com/beml-ltd/stocks/companyid-11975.cms|title=BEML Ltd Company in Bombay Stock Exchange (BSE)|publisher=[[The Economic Times]]|date=12 January 2019|access-date=13 January 2019}}</ref>

==History==
BEML incorporated in 11th May 1964, with the help of the [[Soviet Union]].<ref>{{Cite web|url=https://businessindia.co/magazine/gunning-for-self-reliance|title = Gunning for self-reliance}}</ref> It was wholly owned by the government and operated by India's [[Ministry of Defence (India)|Ministry of Defence]] until 1992, when the government divested 25% of its holdings in the company. The company went for Follow-on Public offer (FPO) and fixed the price band for its FPO between [[Indian rupee sign|₹]]1,020 and ₹1,090.<ref>{{Cite news|url=https://economictimes.indiatimes.com/markets/ipos/fpos/beml-public-offer-subscribed-around-9-times/articleshow/2170112.cms|title=BEML public offer subscribed around 9 times|newspaper=[[The Economic Times]]|date=3 July 2007|access-date=4 July 2007}}</ref> The [[Government of India]] had given 'in-principle' approval for strategic disinvestment of BEML Ltd. to the extent of 26% out of the Government shareholding of 54.03% with transfer of management control to strategic buyer.<ref>{{cite web|url=https://pib.gov.in/PressReleseDetail.aspx?PRID=1595015|title=PSU Status of BEML|access-date=5 December 2019}}</ref>

==Manufacturing facilities==
BEML has manufacturing plants in [[Kolar Gold Fields]], [[Bangalore]], [[Mysore]] and [[Palakkad]]. It has numerous regional offices throughout the country. KGF unit is the main unit accounting for the manufacture and assembly of a wide array of earth-moving equipment such as [[bulldozer]]s and [[excavator]]s. [[Railcoach]]es are made in the Bengaluru complex, and the Mysore facility makes [[dump truck]]s and engines of various capacity. On 10 August 2020, Defence Minister [[Rajnath Singh]] inaugurated the industrial design centre (IDC) at BEML Bengaluru, aiming to integrate research and development with manufacturing.<ref>{{Cite news|agency=Press Trust of India|date=2020-08-10|title=Defence Minister Rajnath Singh launches BEML's industrial design centre|work=Business Standard|url=https://www.business-standard.com/article/current-affairs/defence-minister-rajnath-singh-launches-beml-s-industrial-design-centre-120081001420_1.html|access-date=2020-08-14}}</ref>

[[File:Defence Expo 2020-11.jpg|thumb|BEML BD-50 Military bulldozer in Defense expo 2020]]
==Products==
BEML manufactures a wide range of products to meet the needs of mining, construction, power, irrigation, fertiliser, cement, steel and rail sectors. The earthmoving equipment includes bulldozers, dump trucks, hydraulic excavators, wheel loaders, rope shovels, walking draglines, motor graders and scrapers.

BEML has recently introduced road headers and slide discharge Loaders for underground mining applications. Railway products include integral railcoaches, electric multiple units, rail buses, track-laying equipment and overhead equipment inspection Cars. BEML manufactures heavy-duty trucks and trailers and hydraulic aggregates for the transportation sector.

The company also manufactures high power diesel engines and heavy duty hydraulic aggregates to meet specific customer requirements. The company plans to diversify into varied activities including underground mining equipment, underground storage for petro-products, leasing and financial services and joint ventures abroad.{{Citation needed|date=April 2011}}

==Mining & Construction equipment==

BEML is India's leading mining & construction equipment manufacturer and Asia's second largest equipment company,
BEML offers diverse range of mining machinery for both opencast and underground mining.

BEML manufactures machines such as Hydraulic Excavators, Bulldozers, Wheel loaders, Dump Trucks, Motor Grades, Pipe Layers, Tyre handler, Backhoe Loaders, Electric Shovels, Load Haul Dumpers etc.

==Defense & Aerospace==
[[File:15_Metre_Sarvatra_Bridging_System_passes_through_the_Rajpath_during_the_full_dress_rehearsal_for_the_Republic_Day_Parade-2013,_in_New_Delhi_on_January_23,_2013.jpg|thumb|[[DRDO Sarvatra]] Bridge System produced by BEML]]
BEML plays a key role in the country's Integrated Guided Missile Development Project by supplying ground support vehicle.
A new Aerospace division was launched during Aero India 2009.The division manufactures Ground support equipment such as Aircraft Towing Tractor, Aircraft Weapon Loading Trolley, Multi-purpose Weapon Loaders and Crash Fire Tender.

==Railways/Metro rolling stock==
[[File:East_West_Metro_Kolkata_rake.jpg|thumb|200px|right|BEML ATO rolling stock for [[Kolkata Metro Line 2]]<ref>{{Cite web|url=https://themetrorailguy.com/2020/06/17/beml-flags-off-final-kolkata-metro-line-2-train-set/|title=BEML Flags Off Final Kolkata Metro Line-2 Train-set|date=17 June 2020|accessdate=24 May 2023}}</ref> ]]
[[File:BEML SSEMU Photo 2.jpg|thumb|200px|right|BEML SSEMU]]
[[File:Mumbai_Metro_at_Gundavali_Station.jpg|thumb|right|BEML rolling stock for [[Line 2 (Mumbai Metro)|Mumbai Metro Yellow Line]] ]]

BEML Limited's Rail Coach Factory situated in Bangalore, India is the first all steel integrated rail coach factory established by Government of India during 1948.This factory was established to indigenously manufacture the passenger rail coach for Indian Railways.<ref>{{cite web | url=https://www.bemlindia.in/rail-metro/ | title=RAIL & METRO – BEML India }}</ref>

BEML manufactures rolling stock for [[Indian Railways]] as well as for metros since 1980's.<ref>{{cite news|title=MMRDA awards Rs 3,015 cr contract to BEML for rolling stock on|url=https://www.thehindubusinessline.com/news/national/mmrda-awards-rs-3015-cr-contract-to-beml-for-rolling-stock-on/article25586866.ece|work=[[Business Line]]|date=24 November 2018}}</ref> BEML has supplied more than 200 coaches to [[Delhi Metro Rail Corporation|DMRC]] and has an order of 150 coaches from Bengaluru Metro. BEML has independently supplied about 140 cars to DMRC using transfer of technology from Hyundai ROTEM. [[Jaipur Metro]] has also ordered to manufacture, supply, test and commission 10 train sets of four cars each, totaling 40 cars to the Jaipur Metro Project.

BEML Limited has bagged a contract from the Railway Board for design, manufacturing, supply, testing and commissioning of rakes of some stainless steel AC Electrical Multiple Unit (SSEMU) coaches worth Rs 31 crore.<ref>{{Cite web|url=https://www.business-standard.com/article/companies/beml-bags-railway-board-order-worth-rs-31-crore-108090800020_1.html|title=BEML bags Railway Board order worth Rs 31 crore|date=8 September 2008|website=www.business-standard.com|access-date=24 May 2023}}</ref>

BEML has started supplying metro train sets to the East West corridor of [[Kolkata Metro]] (KMRCL). Present order in hands from KMRCL is for 14 train sets of six cars each.

BEML receives letter of acceptance (LoA) for design, manufacture and commissioning of 10 Trainsets (Sleeper) on [[Vande Bharat Express|Vande Bharat]] platform. The total value of order is Rs 675 crore.<ref>{{Cite web|url=https://www.businessworld.in/article/BEML-Receives-LoA-Worth-Rs-675-Cr-For-Vande-Bharat-Trainsets-/15-05-2023-476590/|title=BEML Receives LoA Worth Rs 675 Cr For Vande Bharat Trainsets|date=15 May 2023|website=www.businessworld.in|access-date=28 May 2023}}</ref>

BEML is one of the leading manufacturers of rail and metro coaches. Metro systems using BEML rolling stock are:

* [[Pink Line (Delhi Metro)|Delhi Metro (Pink Line)]] - more than 500 coaches
* [[Namma Metro]] - 150 coaches
* [[Jaipur Metro]] - 40 coaches

* [[Kolkata Metro Line 2|Kolkata Metro (Line 2)]] - 84 coaches
* [[Mumbai Metro]] - 378 coaches (Line [[Line 2 (Mumbai Metro)|2]] and [[Line 7 (Mumbai Metro)|7]])

== Infrastructure ==
[[File:MakeInIndia-BEML-205-Dumper.jpg|thumb|Electric dump truck]]
BEML operates in three major business verticals associated with equipment manufacturing:

* Mining & Construction
* Defence & Aerospace
* Rail & Metro

In addition to the above, there are strategic business units (SBUs):

* Trading Division for dealing in non-company products
* International Business Division for export activities
* Aerospace Division for design services for the aviation sector

BEML has the following manufacturing units spread over four locations:

* Kolar Gold Fields (KGF) Complex (around 100 km from [[Bengaluru]])
** Hubli Earth Moving Division
** Rail Coach Unit II
** Heavy Fabrication Unit
** Hydraulic & Powerline Division
* Mysore Complex (around 130 km from [[Bengaluru]])
** Truck Division
** Engine Division
** Aerospace Manufacturing Division
* Bengaluru Complex - Rail & Metro Division
*Palakkad Complex [[Kerala State]] - defence products manufacturing
**BEML - [[Tatra (company)|Tatra Trucks]] 12x12, 10x10, 8x8, 6x6, 4x4 & variants
**Pontoon bridge system
**Ground support vehicles for guided missile programme
**Heavy, medium and light recovery vehicles
**50T trailer for tank transportation
**Mil rail coaches and mil wagons
**Apart from the above, Railway parts and aggregates are planned for manufacture
* Vignyan Industries, a subsidiary located at Tarikere (around 300 km from Bengaluru) - steel castings

==Management==
Shri M V Rajasekhar has been the CMD of BEML Ltd since 1 Feb 2021 after the superannuation of Dr D K Hota the predecessor CMD.<ref>{{Cite news|url=https://www.thehindu.com/news/cities/bangalore/dkhota-is-next-beml-chief/article8049967.ece/amp/|title=D.K.Hota is next BEML chief|newspaper=The Hindu|date=31 December 2015|last1=d. s|first1=Madhumathi}}</ref>

== Competitors ==
The main competitor for BEML is in the private sector who has its own manufacturing units in [[India]], thus participating in the 'Make in India' initiative.The major source of income of BEML comes from Mining equipment.
* [[Action Construction Equipment]], a [[Faridabad]] based company
* [[JCB (company)|JCB]]
* [[Caterpillar Inc.]]

==Defense Vehicles==
[[File:Arjun_ARRV.jpg|thumb|Arjun ARRV Armored vehicle manufactured by collaboration of BEML and CVRDE]]

BEML manufactures [[DRDO]] designed HMV, Arjun ARRV, Mobile Standby Command Post Vehicle(MSCPV) and Czech [[Tatra (company)|Tatra]] trucks and rebadges them under license.<ref>{{cite web|url=http://www.bemlindia.com/product_defence.php|title=Beml India|access-date=13 October 2011|archive-url=https://web.archive.org/web/20111014235154/http://bemlindia.com/product_defence.php|archive-date=14 October 2011|url-status=dead}}</ref>

* BEML - [[Tatra 810|TATRA T810]] VVNC 6x6
* BEML - TATRA T810 VVL 6x6
* BEML - TATRA T810 VTI 6x6 - Tank Transporter
* BEML - [[Tatra 815|TATRA T815]] VVNC 8x8
* BEML - TATRA T815 VVL 8x8
* BEML - TATRA T815 VTI 8x8 - Tank Transporter
* BEML - TATRA Crash Fire Tender
* BEML - [[Tatra 816|TATRA T816]] 6MWR 8T 10x10
* BEML - TATRA T815 27ET96 28 300 8x8
* BEML - TATRA T815 26RR36 22 255 6x6
* BEML - TATRA T158 PHOENIX VTI 6x6 - Tank Transporter
* BEML - TATRA PHOENIX 8x8, 6x6, 4x4
* BEML - TATRA FORCE 10x10, 8x8, 6x6, 4x4
* BEML - TATRA TERRN°2 10x10, 8x8, 6x6, 4x4
* BEML - TATRA TACTIC 6x6
* BEML Armored Vehicle [[Arjun (tank)#Armour|Arjun ARRV]]

A probe into an [[Tatra Truck scam|alleged scam]] in the purchase of Tatra trucks for the [[Indian Army]] led to the suspension of the then-BEML chief by the Defence Ministry.<ref>{{Cite news|title=VRS Natarajan, BEML chief suspended by Defence Ministry|work=The Economic Times|url=https://economictimes.indiatimes.com/news/politics-and-nation/vrs-natarajan-beml-chief-suspended-by-defence-ministry/articleshow/14020485.cms|access-date=2021-06-21}}</ref>

== Trailers ==

* 20T (20Ton pay load, 8 Wheeled)
* 50T (50Ton pay load, 12 Wheeled)
* 70T (70Ton pay load, 40 Wheeled)

== References ==
{{reflist}}

== External links ==
*{{Official website|https://www.bemlindia.in}}

{{Finance links
| name = BEML Limited
| google = NSE:BEML
| symbol = BEML.NS
| yahoo = BEML.NS
| reuters = BEML.NS
}}

{{Bangalore topics}}
{{Public Sector Undertakings in India}}

{{authority control}}

{{Coord|12.971403|77.659518|display=title}}

{{DEFAULTSORT:Beml}}
[[Category:Coach and wagon manufacturers of India]]
[[Category:Manufacturing companies based in Bangalore]]
[[Category:Construction equipment manufacturers of India]]
[[Category:Government-owned companies of India]]
[[Category:Defence companies of India]]
[[Category:Truck manufacturers of India]]
[[Category:Indian brands]]
[[Category:1964 establishments in Mysore State]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]

BEML - Revision history

Ajay Kumar at 06:56, 23 August 2023