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BEML to set up Aerospace Manufacturing Complex near Bangalore Int'l Airport Print E-mail
Written by Arjun   
Saturday, 05 June 2010
Bangalore: BEML Limited, a Rs.3500 Crore Mini Ratna Public Sector Company under the Ministry of Defence, has signed a Memorandum of Understanding with Karnataka government for establishing a Manufacturing Complex in Bangalore for design and manufacture of aircraft components/ Sub-assemblies and MRO activities related to Aerospace Applications.

The Government of Karnataka has agreed to provide 25 acres of land to BEML in the notified Special Economic Zone near Bangalore International Airport, Devanahalli, Bangalore Rural District.

The proposed manufacturing complex of BEML is expected to generate employment to about 250 personnel initially, besides providing ample business opportunities local vendors with regard to procurement of raw materials and components.

BEML has established a new Aerospace Division as a part of its Product diversification & expansion. BEML expects a substantial part of business in energizing Aero and Defence related Offset Business. It is gearing-up to meet the volume of business which is expected to exceed US$ 15 Billion in the next 10 years.

The company has its head quarters at Bangalore and three major manufacturing complexes at Bangalore, Kolar Gold Fields and Mysore where heavy earth moving machineries, metro cars and rail coaches and defence trucks are manufactured apart from its steel foundry at Tarikare, all located in Karnataka.

BEML, which has bagged the prestigious order for the supply of Metro Cars to Bangalore Metro Rail Corporation Limited, has registered a turnover of over Rs.3500 Crores for the year 2009-10 and set to achieve Rs.5000 Crores during the Company’s Golden Jubilee in the year 2014.

The company has recently rolled out India’s first Standard Gauge Catenary Maintenance Vehicle deployable by Metro Corporations to take up maintenance of overhead electrical line of metro cars.  BEML will also supply this product to Reliance Group for Mumbai and many other Metro Corporations.

 
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