MoneyWorks4Me

BEML, BEL partner to develop indigenous train control management system

05 Apr 2024 Evaluate

BEML and Bharat Electronics (BEL) have signed a Memorandum of Understanding (MoU) to jointly develop an indigenous Train Control Management System (i-TCMS). Currently, Train Control Management Systems (TCMS) are predominantly supplied by propulsion suppliers, leading to dependency on imported technology.

The primary objective of this partnership is to identify potential areas of cooperation between BEML and BEL, with a focus on exploring the joint development of high-value products and solutions tailored to the requirements of Indian Railways and Metro systems.

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 1940.85
Action Const. Equip 1130.55
Sanghvi Movers 401.50
TIL 243.60
Brady & Morris Engg. 670.80
View more..