Bharat Earth Movers

Coordinates: 12°58′17″N 77°39′34″E / 12.971403°N 77.659518°E / 12.971403; 77.659518

Bharat Earth Movers Limited
भारत अर्थ मूवर्स लिमिटेड
Native name
 Hindi: भारत अर्थ मूवर्स लिमिटेड
Public Sector Undertaking
(NSE: BEML)
(BSE: 500048)
Industry Mining & Construction, Defence, Rail & Metro
Founded Bengaluru, Karnataka
(May 1964)
Headquarters BEML Soudha,
No 23/1, IV Main, Sampangiramanagar,
Bengaluru, Karnataka,
India
Area served
 Worldwide
Key people
 P. Dwarakanath , Executive Chairman of the Board, MD, Director - Metro & Rail Business
Products Earthmoving equipment
Underground mining equipment
Railway equipment
High power diesel engines
Heavy duty hydraulic aggregates
Revenue Increase ₹28.02 billion (US$410 million)
Slogan "New Frontiers. New Dreams."
Website http://www.bemlindia.com/

Bharat Earth Movers Limited (Hindi: भारत अर्थ मूवर्स लिमिटेड; IAST: Bhārat arth mūvars limiṭeḍ), now known as BEML (बी ई एम एल), is an Indian Public Sector Undertaking, with headquarters in Bengaluru. It manufactures a variety of heavy equipment, such as that used for earth moving, transport and mining.

History

BEML incorporated in May 1964, and commenced operations on 1 January 1965. It was wholly owned and operated by India's Ministry of Defence until 1992, when the government divested 25% of its holdings in the company. BEML is Asia's second-largest manufacturer of earth moving equipment, and it controls 70% of India's market in that sector. Its stock trades on the National Stock Exchange of India under the symbol "BEML", and on the Bombay Stock Exchange under the code "500048". The company went for Follow on Public offer (FPO) and fixed the price band for its FPO between Rs. 1,020 and Rs. 1,090.

Manufacturing Facilities

BEML has manufacturing plants in Kolar Gold Fields, Bengaluru, Palakkad and Mysore. It has numerous regional offices throughout the country. KGF unit is the main unit accounting for the manufacture and assembly of a wide array of earth-moving equipment such as Bulldozers and Excavators. Railcoaches are made in the Bangalore complex and the Mysore facility makes dump trucks and engines of various capacity .

Products

BEML manufactures a wide range of products to meet the needs of Mining, Construction, Power, Irrigation, Fertiliser, Cement, Steel and Rail Sectors. The earthmoving equipment includes Bulldozers, Dump Trucks, Hydraulic Excavators, Wheel Loaders, Rope Shovels, Walking Draglines, Motor Graders and Scrapers.

BEML has recently introduced Road Headers and Slide Discharge Loaders for underground mining applications. Railway products include Integral Railcoaches, Electric Multiple Units, Rail Buses, Track Laying Equipment and Overhead Equipment Inspection Cars. BEML manufactures Heavy Duty Trucks and Trailers and hydraulic aggregates for transportation sector.

The company also manufactures high power diesel engines and heavy duty hydraulic aggregates to meet specific customer requirements. The company plans to diversify into varied activities including underground mining equipment, underground storage for petro-products, leasing and financial services and joint ventures abroad.

Metro Rolling Stock

BEML manufactures Rolling Stock for Delhi Metro and Namma Metro in a consortium with Hyundai Rotem BEML has supplied more than 200 coaches to DMRC and has an order of 150 coaches from Bengaluru Metro. BEML has independently supplied about 140 cars to DMRC using ToT from Hyundai ROTEM. Jaipur Metro has also ordered to manufacture, supply, test and commission 10 train sets of four-car each, totaling 40 cars to Jaipur Metro Project.

BEML is one of the leading manufacturer of Rail and Metro coaches. Metro Systems using BEML Rolling Stocks are:

Infrastructure

BEML operates on three major business verticals associated equipment manufacturing:

In addition to the above there are Five Strategic Business Units (SBUs):

BEML has eight manufacturing units spread over four locations:

Management

On 11 June 2012, BEML chief V.R.S. Natarajan was suspended in connection with Tatra case and Mr P. Dwarkanath has been given the charge of CMD.[1]

Competitors

Trucks

BEML assembles from knock down kits Czech Tatra trucks and rebadges them under license.[2]

Probe into alleged scam in purchase of Tatra trucks for Indian Army has revealed the Czech company had agreed supply of trucks directly at a lower price in 1994 to BEML without involving the British agent, Tatra Sipox. BEML had not accepted the offer then.[3]

References

  1. ↑ "BEML chief suspended". The Hindu (Chennai, India). 11 June 2012.
  2. ↑ http://www.bemlindia.com/product_defence.php
  3. ↑ "BEML spurned Tatra offer of direct deal, went through agent: probe". 3 July 2012.

External links

This article is issued from Wikipedia - version of the Monday, February 15, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.