Bangalore-based defence ministry undertaking BEML Ltd has bagged an order for $11 million (Rs 50 crore) from Myanmar for the supply of a fleet of dump trucks, used for transporting loose materials, and spares.
According to a company statement, it has received an advance payment towards the supplies and shipment would commence in the latter part of this year.
BEML is also focusing on African and Chinese markets for mining and construction equipment during the present year.
BEML has its overseas establishments at China, Brazil, Malaysia and Indonesia apart from dealer tie-ups in various countries. BEML products are present in over 55 countries across the globe.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app