Company type | Public |
---|---|
NSE: BEML BSE: 500048 | |
Industry | Heavy equipment Defence Railway vehicles |
Founded | May 1964 |
Headquarters | , India |
Area served | Worldwide |
Key people | Shantanu Roy (Chairman & MD) [1] |
Products | Earthmoving equipment Underground mining equipment Railway equipment High power diesel engines Heavy duty hydraulic aggregates |
Revenue | ₹3,077.37 crore (US$370 million) (2020) [2] |
₹153.20 crore (US$18 million) (2020) [2] | |
₹68.38 crore (US$8.2 million) (2020) [2] | |
Total assets | ₹5,066.71 crore (US$610 million) (2020) [2] |
Total equity | ₹2,257.15 crore (US$270 million) (2020) [2] |
Owner | Government of India (54.03%) [3] |
Number of employees | 6,973 (FY 2024-25) |
Subsidiaries | MAMC Industries BEML Skybus [4] |
Website | www |
BEML Limited, formerly Bharat Earth Movers Limited, is an Indian public sector undertaking which manufactures a variety of heavy equipment, such as that used for earth moving, railways, transport and mining. Major General Harkirat Singh, E-in-C, Indian Army was the Founding Chairman.[ citation needed ] It is headquartered in Bangalore. BEML is Asia's second-largest manufacturer of earth moving equipment. [5] Its stock trades on the National Stock Exchange of India under the symbol "BEML", and on the Bombay Stock Exchange under the code "500048". [6]
BEML was incorporated on 11 May 1964 with the help of Soviet Union. [7] It was wholly owned by the government and operated by India's Ministry of Defence until 1992, when the government divested 25% of its holdings in the company. The company went for Follow-on Public offer (FPO) in 2007 and fixed the price band for its FPO between ₹1,020 and ₹1,090. [8] The Government of India had given 'in-principle' approval for strategic disinvestment of BEML Ltd. to the extent of 26% out of the Government shareholding of 54.03% with transfer of management control to strategic buyer. [9]
BEML has manufacturing plants in Kolar Gold Fields, Bangalore, Mysore and Palakkad. 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 Bengaluru complex, and the Mysore facility makes dump trucks and engines of various capacity. On 10 August 2020, Defence Minister Rajnath Singh inaugurated the industrial design centre (IDC) at BEML Bengaluru, aiming to integrate research and development with manufacturing. [10]
BEML Layout located in Brookefield, was the company township for its employees.
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 the 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.[ citation needed ]
BEML is India's leading mining and construction equipment manufacturer and Asia's second largest equipment company, BEML offers diverse range of mining machinery for both opencast and underground mining.
BEML manufactures machines such as Hydraulic Excavators, Bulldozers, Wheel loaders, Dump Trucks, Motor Grades, Pipe Layers, Tyre handler, Backhoe Loaders, Electric Shovels, Load Haul Dumpers etc.
BEML plays a key role in the country's Integrated Guided Missile Development Project by supplying ground support vehicles. A new Aerospace division was launched during Aero India 2009.The division manufactures Ground support equipment such as Aircraft Towing Tractor, Aircraft Weapon Loading Trolley, Multi-purpose Weapon Loaders and Crash Fire Tender.
The DATRAN 1500 engine, which is being developed for the Futuristic Main Battle Tank program had its first testing in 2023. On 20 March 2024, 1500 hp prototype engine was again successfully tested at BEML's Engine Division Mysuru facility. The engine has electronic control, self-cleaning air filter, CRDi fuel injection system, and electronic warning control. In addition, the engine has a high power-to-weight ratio and can run in a variety of harsh environments, such as 5,000 meters or more above sea level, in sub-zero temperature of -40 °C, and up to +55 °C in a hot desert environment. Twenty such engines, with an emphasis on technology stabilization, will be produced in 2024 and put through additional testing to evaluate their performance, robustness, and dependability. The project is expected to be completed by the middle of 2025. [11] [12] [13]
BEML Limited's Rail Coach Factory situated in Bangalore, India is the first all steel integrated rail coach factory established by Government of India during 1948. This factory was established to indigenously manufacture the passenger rail coach for Indian Railways. [15]
BEML manufactures rolling stock for Indian Railways as well as for metros since 1980's. [16] 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 transfer of technology from Hyundai ROTEM. Jaipur Metro has also ordered to manufacture, supply, test and commission 10 train sets of four cars each, totaling 40 cars to the Jaipur Metro Project.
BEML Limited has bagged a contract from the Railway Board for design, manufacturing, supply, testing and commissioning of rakes of some stainless steel AC Electrical Multiple Unit (SSEMU) coaches worth Rs 31 crore. [17]
BEML has started supplying metro train sets to the East West corridor of Kolkata Metro (KMRCL). Present order in hands from KMRCL is for 14 train sets of six cars each.
BEML receives letter of acceptance (LoA) for design, manufacture and commissioning of 10 Trainsets (Sleeper) on Vande Bharat platform. The total value of order is Rs 675 crore. [18]
BEML is one of the leading manufacturers of rail and metro coaches. Metro systems using BEML rolling stock are:
BEML operates in three major business verticals associated with equipment manufacturing:
In addition to the above, there are strategic business units (SBUs):
BEML has the following manufacturing units spread over four locations:
Shri Shantanu Roy assumed charge as Chairman & Managing Director at BEML Ltd from 01.08. 2023. Prior to assuming his present position, Shri Shantanu Roy was Director (Mining and Construction Business) after the superannuation of Shri M V Rajasekhar the predecessor CMD of BEML Ltd since 1 Feb 2021. [19]
The main competitor for BEML is in the private sector who has its own manufacturing units in India, thus participating in the 'Make in India' initiative.The major source of income of BEML comes from Mining equipment.
BEML manufactures DRDO designed HMV, Arjun ARRV, Mobile Standby Command Post Vehicle(MSCPV) and Czech Tatra trucks and rebadges them under license. [20]
A probe into an alleged scam in the purchase of Tatra trucks for the Indian Army led to the suspension of the then-BEML chief by the Defence Ministry. [21]
20 Ton capacity 8 wheeled lowboy trailer developed for transportation of construction equipments on rough train. Can be coupled with tractor via 4 wheeled dolly. [22]
50 Ton capacity 24 wheeled lowboy trailers developed for transportation of mid-weight tanks on rough train. Can be coupled with tractor via 8 wheeled jeep dolly. [23]
70 Ton capacity 5 axle row hydraulic modular trailer developed for transportation of heavy tanks on rough train. Can be coupled with ballast tractor via drawbar coupling. [24]
In 2014, BEML made headlines when former army chief VK Singh alleged he was offered a bribe of 14 crores to clear sub-standard trucks for the army. These trucks, known as Tatra trucks, are supplied to BEML via a London agent for assembly. The CBI was investigating allegations of the bribe, as well as the alleged violation of basic rules by BEML, where defense equipment must be purchased directly from the manufacturer without involving middlemen. [25]
Tatra is a Czech vehicle manufacturer from Kopřivnice. It is owned by the TATRA TRUCKS a.s. company, and it is the third oldest company in the world producing motor vehicles with an unbroken history. The company was founded in 1850 as Ignatz Schustala & Cie. In 1890 the company became a joint-stock company and was renamed the Nesselsdorfer Wagenbau-Fabriksgesellschaft. In 1897, the Nesselsdorfer Wagenbau-Fabriksgesellschaft produced the Präsident, which was the first factory-produced automobile with a petrol engine to be made in Central and Eastern Europe. The First Truck was made a year later, in 1898. In 1918, the company was renamed Kopřivnická vozovka a.s., and in 1919 it changed from the Nesselsdorfer marque to the Tatra badge, named after the nearby Tatra Mountains on the Czechoslovak-Polish border.
The Tatra 815 is a truck family, produced by Czech company Tatra. It uses the traditional Tatra concept of rigid backbone tube and swinging half-axles giving independent suspension. The vehicles are available in 4x4, 6x6, 8x8, 10x8, 10x10, 12x8 and 12x12 variants. There are both air-cooled and liquid-cooled engines available with power ranging from 230–440 kilowatts (310–590 hp). As a successor to Tatra 813 it was originally designed for extreme off-road conditions, while nowadays there are also variants designated for mixed use. The gross weight is up to 35,500 kg (78,264 lb).
Oshkosh Corporation, formerly Oshkosh Truck, is an American industrial company that designs and builds specialty trucks, military vehicles, truck bodies, airport fire apparatus, and access equipment. The corporation also owns Pierce Manufacturing, a fire apparatus manufacturer in Appleton, Wisconsin, and JLG Industries, a manufacturer of lift equipment, including aerial lifts, boom lifts, scissor lifts, telehandlers and low-level access lifts.
Six-wheel drive is an all-wheel drive drivetrain configuration of three axles with at least two wheels on each axle capable of being driven simultaneously by the vehicle's engine. Unlike four-wheel drive drivetrains, the configuration is largely confined to heavy-duty off-road and military vehicles, such as all-terrain vehicles, armored vehicles, and prime movers.
A military vehicle is any vehicle for land-based military transport and activity, including combat vehicles, both specifically designed for or significantly used by military. Most military vehicles require off-road capabilities and/or vehicle armor, making them heavy. Some have vehicle tracks instead of just wheels; half-tracks have both. Furthermore, some military vehicles are amphibious, constructed for use on land and water, and sometimes also intermediate surfaces.
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The RM-70 multiple rocket launcher is a Czechoslovak Army version and heavier variant of the BM-21 Grad multiple rocket launcher, providing enhanced performance over its parent area-saturation rocket artillery system that was introduced in 1971.
Otokar Otomotiv ve Savunma Sanayi A.Ş., also known simply as Otokar, is a Turkish bus and military vehicle manufacturer headquartered in Sakarya, Turkey. Otokar is a subsidiary of Koç Holding.
The MT-55A is an armoured vehicle-launched bridge (AVLB) tank, manufactured by ZŤS Martin in Slovakia. The AVLB is based on a T-55A medium tank chassis, with the turret detached and replaced by a special bridge launching equipment.
The Tatra 111 was a truck produced in Czechoslovakia by the Tatra company.
The Mercedes-Benz Zetros is an off-road truck for extreme operations. It was first presented at the 2008 Eurosatory defence industry trade show in Paris. The Zetros is manufactured at the Mercedes-Benz plant in Wörth, Germany. The truck is designed to be compatible with the C-130 Hercules transport and also fits into a standard German railway carriage. In 2019 Mercedes-Benz presented a facelift of the Zetros with a more powerful engine and a bigger number of variants.
Rheinmetall MAN Military Vehicles GmbH (RMMV) is a joint venture company between German companies MAN Truck & Bus AG and Rheinmetall AG. RMMV is part of Rheinmetall's Vehicle Systems Division. Rheinmetall AG holds a 51% stake in RMMV, with the remaining 49% held by MAN Truck & Bus. RMMV was initially a provider to security and armed forces of a wide range of armoured and unarmoured transport, command and role-specific wheeled vehicles, but since 2019 and a restructure has focused on military specific and militarised commercial trucks.
The Tatra T816 is a truck family, produced by Czech company Tatra. It uses the traditional tatra concept of rigid backbone tube and swinging half-axles giving independent suspension. The vehicles are available in 4x4, 6x6, 8x8, 10x8, 10x10, 12x8 and 12x12 variants. The truck was developed from the model T815 to comply with the most demanding off-road conditions. Originally the T816 range was developed for the purposes of military, however today also civilian applications are available (notably as heavy off-road firefighting trucks.
MOL is a manufacturer of specialist trucks and trailers, based in Hooglede, Belgium. Specializes in manufacturing of trailers, waste vehicles, port equipement, trucks and rail equipments.
The HX family are a range of purpose-designed tactical military trucks manufactured by Rheinmetall MAN Military Vehicles (RMMV). The HX range was disclosed in 2003, and the first order was placed in 2004. The HX range replaced the earlier FX and LX ranges in production.
Nicolas Industrie S.A.S. is a French manufacturer of heavy trucks, trailers, HMT and SPMTs, mostly intended for oversize loads. Nicolas has been located in Champs-sur-Yonne since 1969, which is also when they started to develop vehicles meant particularly for very heavy loads. Their trucks, sold under the Tractomas brand, are built to single order. They most often incorporate Renault cabs and other parts, as well as a number of proprietary parts from manufacturers around the world. The Nicolas Tractomas TR1010 D100 currently holds the record as the world's largest road going truck, weighing in at 71 tonnes.
The Tatra 815-7 is a heavy army logistics vehicle made by the Czech company Tatra produced since 2007. T817 is primarily intended for military operators and for specialist roles in civilian sector. The truck is made primarily with axle variations of 4×4, 6×6, 8×8 and 10×10. Other chassis variants up to 16x16 are also available.
The BAZ-6909 is a Russian artillery tractor and missile vehicle that was developed as a successor to the MAZ-537 and MAZ-7310 by Bryansk Automobile Plant. It can haul semi-trailers and loads with mass of 13-21 metric tons, both on and off-road.
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Nicolas Tractomas is a heavy-duty built-to-order ballast tractor specifically to tow hydraulic modular trailers and road trains used for movement of oversize loads manufactured by French manufacturer Nicolas Industrie based in Auxerre. The tractor was bespoke build with preferred engine, gearbox, drivetrain and ballast with a Renault kerax cabin. The production of the tractor began in 1979 and lasted till 2016. The TR1010 D100 model of the tractor was awarded the Guinness World Record in 2015 for the largest road truck in the world, weighing 71 tons.
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