Bharat Earth Movers Ltd. [BEML]
Bharat Earth Movers Limited (BEML) incorporated in May 1964 with its corporate office at Bangalore and commenced operations from 1 January 1965. The production units of the company are located at Bangalore, Kolar Gold fields and Mysore in Karnataka. The company is engaged in the production of rail coaches, rail bus and DC EMUs for Indian Railways, Heavy duty trucks/its variants, crash fire tenders, heavy recovery vehicles, PMS bridges, earth moving equipment and aggregates for defence. Other major customers of BEML are Coal India Limited, Neyveli Lignite Corporation, Associated Cement Company, Steel Authority of India Limited, the National Hydro Electric Thermal Power Corporation.
Bharat Earth Movers Limited is a premier ISO 9000 Company in India and the second largest manufacturer of earthmoving equipment in Asia. A three- decade-old multi-locational and multi-product company, BEML has vital applications in diverse sectors of economy such as coal, mining, steel, cement, power, irrigation, construction, road building and railway. It has expanded its product range to cover high-quality hydraulics, heavy-duty diesel engines, Welding robots and undertaking of heavy fabrication jobs.
A public sector undertaking, BEML commands 70% market share in domestic earthmover industry. Nearly 40% of its equity has been divested to financial institutions and public. BEML has its corporate headquarters and central marketing division in Bangalore.
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 include 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.
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