BEML
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Native name
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Hindi: भारत अर्थ मूवर्स लिमिटेड |
|---|---|
| Public Sector Undertaking (: BEML) (: ) |
|
| Industry | Mining & Construction, Defence, Rail & Metro |
| Founded |
Bengaluru, Karnataka (May 1964) |
| Headquarters |
BEML Soudha, No 23/1, IV Main, Sampangiramanagar, Bengaluru, Karnataka, India |
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Area served
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Worldwide |
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Key people
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D K Hota , 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 |
 ₹29.78 billion (US$460 million) |
| Website | http://www.bemlindia.com/ |
Coordinates: 12°58′17″N 77°39′34″E / 12.971403°N 77.659518°E
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.
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 under the symbol "BEML", and on the 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.
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 .
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