BEML Gets 380 Crore Order

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BEML Gets Big Order of 380 Crores from Indian Railways

BEML Limited is an Indian company that makes heavy machines for moving earth, railways, transport, and mining. The company is in Bangalore and has factories in Kolar Gold Fields, Bangalore, Mysore, and Palakkad. The company also makes things for defense and aerospace and has a license to make things for the Indian Army and Navy.

The company has said that it has got a big order of 380 crores from the Indian Railways for giving 20 sets of trains with 8 wheels each. The trains are made of stainless steel and are called MEMU (Mainline Electric Multiple Unit). The order was given by the Railway Board under the Make in India plan.
The MEMU trains can go fast at 130 kmph and can carry 2,400 people. The trains have new things like cameras, GPS, fire system, braking system, and doors that slide. The trains are also good for the environment and save energy, as they make less smoke and use less fuel.

The order will help BEML make more money and do better in the railway area. The company has been giving many things to the Indian Railways, such as coaches, wagons, engines, metro cars, and electric systems. The company has also got orders for metro coaches from many metro rail companies in India and other countries.

The news of the order made the share price of BEML go up by 3% on June 28, 2023, doing better than the Nifty 50 index.

BEML is sure that the order will make its shareholders and customers happy, as it will show its skills and quality in the railway area. The company is also spending money on research, new ideas, and technology to give better products and services to its customers.

If you want to know more about BEML and its products, you can go to their website at https://www.bemlindia.in/ or follow them on Twitter at @BEML_INDIA.

Disclaimer: This blog post is only for information and does not give any advice or support for BEML or its products. Readers should do their own research before making any decisions about money.

BEML, Indian Railways, MEMU trains, Heavy machines, Order

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