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BEML inks tripartite MoU to manufacture maritime, port cranes in India

05 Dec 2025 Evaluate

BEML, HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Samho Heavy Industries have signed a tripartite Memorandum of Understanding (MoU) to jointly design, develop, manufacture, and support next-generation conventional & autonomous maritime and port cranes in India, complemented by full after-sales, spares, and training support.

Earlier, the company had secured an order for manufacturing of Switch Rail Grinding Machines valued at Rs 157 crore from M/s Loram Rail Maintenance India.

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


Peers
Company Name CMP
BEML 2000.30
Action Const. Equip 1036.30
Sanghvi Movers 329.80
TIL 201.05
Brady & Morris Engg. 550.50
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