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Date: 09/09/2024

BEML mulls exporting Vande Bharat, metro trains

BEML Ltd, a state-owned heavy equipment manufacturer, anticipates that the rail and metro segment, alongside defence, will be the most significant contributor to its revenue in the near future. The company is looking to secure export orders for Vande Bharat and metro trains within the next few years. BEML is currently manufacturing the prototype of the Vande Bharat sleeper train for Indian Railways, which is expected to be rolled out in the coming months. It is exploring opportunities in the Middle East, South America and the ASEAN region for rail and metro exports. BEML’s ultimate goal is to increase exports from the current 4% to around 10% of their top line, as per a report.

Source: Exim News Service: New Delhi, Sept. 8