Financial performance and profit / loss of BEML Ltd. in the last three years:
Product range of BEML Ltd. is as under:
Defence Segment: High Mobility & Recovery Vehicles, Bridge Systems, Vehicles for Missile projects, Tank Transportation Trailers, Milrail Wagons, Mine Ploughs, Crash Fire Tenders, Aircraft Towing Tractors, Aircraft Weapon Loading Trolley etc.
Rail & Metro Segment: Passenger Vehicles, EMUs, Metro Cars, Maintenance and Utility Vehicles etc.
Mining & Construction: Bull Dozers, Excavators, Dumpers, Shovels, Loaders, Water Sprinklers, Motor Graders, Pipe Layers, Tyre Handlers, etc.
BEML Ltd. has obtained several contracts for manufacturing Stainless Steel Metro Cars as the lowest bidder through competitive biddings.
Government has given ‘in-principle’ approval for strategic disinvestment of some CPSEs including BEML Ltd. Disinvestments through strategic sale are being considered based on recommendations of NITI Aayog after taking into consideration all aspects of the matter. However, after completion of process, specific approval of Government would be sought again.
This information was given by Minister of State for Defence Dr. Subhash Bhamre in a written reply to Shri Surendra Singh Nagar in Rajya Sabha today.