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BEML enters into three licensing agreements with VRDE

10 Jun 2025 Evaluate

BEML has entered into three licensing agreements with the Vehicles Research and Development Establishment (VRDE), a premier DRDO laboratory, for the Transfer of Technology to manufacture critical mobility and support systems for the Indian Army's Armoured Corps.

Under these agreements, BEML will indigenously develop and produce the Unit Maintenance Vehicle (UMV) and Unit Repair Vehicle (URV) for MBT Arjun, and the Full Trailer for 70T Tank Transporter equipped with an Advanced Hydraulic Suspension System.

This collaboration marks a significant milestone in enhancing the Indian Army's operational capabilities through fully indigenous, next-generation solutions aligned with the Government of India's ‘Aatmanirbhar Bharat’ vision to achieve self-reliance in critical defence technologies

BEML is a Public Sector Undertaking for manufacture of Rail Coaches & Spare Parts and Mining Equipment. 

Peers
Company Name CMP
BEML 1940.85
Action Const. Equip 1130.55
Sanghvi Movers 401.50
TIL 243.60
Brady & Morris Engg. 670.80
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