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BEML has signed a Memorandum of Understanding (MoU) with IRCON International to explore and address opportunities in the overseas market by synergizing each other’s strengths for large infrastructure projects in the transportation sector.

This MoU is aimed at promoting supply of BEML manufactured rolling stock as well as construction equipment for railway projects outside India wherein IRCON will carry out civil and construction work as well as facilitate design validation and provenness for rolling stock of BEML to address export opportunities together.

BEML a leading mining and construction equipment manufacturer has designed and developed indigenously over 40 products through its R&D, and are not only working in India but also in 65 countries around the world.

Peers
Company Name CMP
BEML 1934.30
Action Const. Equip 1138.05
Sanghvi Movers 408.20
TIL 243.90
Brady & Morris Engg. 660.00
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