BEML and Siemens have signed a non-binding Memorandum of Understanding (MoU) to jointly explore opportunities in the semi-high-speed and suburban passenger train segments, as well as metro and commuter rail markets.
Further, the company and Dragflow S.R.L., Italy, have signed an MoU to strengthen indigenous dredging solutions.
BEML is a Public Sector Undertaking for manufacture of Rail Coaches & Spare Parts and Mining Equipment.