About UsBEML Limited (formerly Bharat Earth Movers Limited) was established in May 1964 as a Public Sector Undertaking for manufacture of Rail Coaches & Spare Parts and Mining Equipment at its Bangalore Complex. The Company has partially disinvested and presently Government of India owns 54 percent of total equity and rest 46 percent is held by Public, Financial Institutions, Foreign Institutional Investors, Banks and Employees. BEML Limited, a ?Miniratna-Category-1?, plays a pivotal role and serves India?s core sectors like Defence, Rail, Power, Mining and Infrastructure. The Company started with a modest turnover of ` 5 Cr during 1965 and today, thanks to its diverse business portfolio, the company has been able to achieve a turnover of more than ` 3,500 Cr. Its three major Business verticals viz., Mining & Construction, Defence and Rail & Metro are serviced by its nine manufacturing units located at Bangalore, Kolar Gold Fields (KGF), Mysore, Palakkad and Subsidiary - Vignyan Industries Ltd, in Chikmagalur District. BEML?s products are sold and serviced through its large Marketing Network spread all over the Country. BEML?s products are exported to more than 56 countries. As part of company?s globalization strategy, the company has expanded its global reach by opening local company at Indonesia and Brazil recently in addition to Malaysia and China offices. |
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