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BEML signs MoUs with Siemens, Dragflow S.R.L

13 Mar 2025 Evaluate

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.

Peers
Company Name CMP
BEML 2024.05
Action Const. Equip 1129.40
Sanghvi Movers 427.25
TIL 251.55
Brady & Morris Engg. 683.65
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