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BEML and Heavy Engineering Corporation sign MoU

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Capital Market

To collaborate to meet requirements of mining industry

BEML and Heavy Engineering Corporation (HEC) signed a MoU to meet the growing requirements of the mining industry. Both the companies having synergy in its product profile, will manufacture and supply products such as 'Rope Shovels & Walking Draglines' to cater to the needs of the Mining Industry.

Under this MoU, BEML & HEC will combine their rich experience and expertise in the field of manufacture and marketing of heavy engineering and mining machinery, would jointly work for Manufacturing, Marketing, Supply, Erection & Commissioning and After-Sales-Service support for the jointly identified products.

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First Published: Jul 31 2018 | 9:59 AM IST

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