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{{Use dmy dates|date=October 2020}} | {{Use dmy dates|date=October 2020}} | ||
{{Infobox company | {{Infobox company | ||
| name = BEML | | name = Bharat Earth Movers Limited (BEML) | ||
| logo = Bharat Earth Movers Logo.svg | | logo = Bharat Earth Movers Logo.svg | ||
| type = [[Public sector undertakings in India|Public Sector Undertaking]] | | type = [[Public sector undertakings in India|Public Sector Undertaking]] | ||
| traded_as = {{NSE|BEML}}<br />{{BSE|500048}} | | traded_as = {{NSE|BEML}}<br />{{BSE|500048}} | ||
| industry = [[Heavy equipment]]<br /> [[defense (military)|Defence]]<br />[[Rail transport|Railway vehicles]] | | industry = [[Heavy equipment]]<br /> [[defense (military)|Defence]]<br />[[Rail transport|Railway vehicles]] | ||
| foundation = [[Kolar Gold Fields]], [[Bengaluru]], [[Karnataka]]<br /> (May 1964) | | foundation = [[Kolar Gold Fields]], [[Bengaluru]], [[Karnataka]], [[India]]<br /> (May 1964) | ||
| location_city = BEML Soudha,<br />No 23/1, IV Main, Sampangiramanagar,<br />[[Bengaluru]], [[Karnataka]] | | location_city = BEML Soudha,<br />No 23/1, IV Main, Sampangiramanagar,<br />[[Bengaluru]], [[Karnataka]] | ||
| area_served = Worldwide | | area_served = Worldwide | ||
| key_people = | | key_people = Amit Banerjee<br />{{small|(Chairman & MD)}}<ref>{{Cite web|url=https://www.bemlindia.in/leadership.aspx|title = Defence, Mining & Construction and Rail Coach Factory in India}}</ref> | ||
| products = [[Heavy equipment (construction)|Earthmoving equipment]]<br />Underground mining equipment<br />Railway equipment<br />High power diesel engines<br />Heavy duty hydraulic aggregates | | products = [[Heavy equipment (construction)|Earthmoving equipment]]<br />Underground mining equipment<br />Railway equipment<br />High power diesel engines<br />Heavy duty hydraulic aggregates | ||
| revenue = {{decrease}}{{INRConvert|3077.37|c}} (2020)<ref name="Balance Sheet 2020">[https://www.bemlindia.in/writereaddata/Downloads/202006291135March2020.pdf "Balance Sheet 31.03.2020"].</ref> | | revenue = {{decrease}}{{INRConvert|3077.37|c}} (2020)<ref name="Balance Sheet 2020">[https://www.bemlindia.in/writereaddata/Downloads/202006291135March2020.pdf "Balance Sheet 31.03.2020"].</ref> | ||
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}} | }} | ||
[[File:MEMU Coaches built by BEML, Bengaluru.jpg|thumb|MEMU coaches built by BEML, in [[Bangalore]].]] | [[File:MEMU Coaches built by BEML, Bengaluru.jpg|thumb|MEMU coaches built by BEML, in [[Bangalore]].]] | ||
''' | '''Bharat Earth Movers Limited''' ('''BEML''') is an Indian [[Public sector undertakings in India|Public Sector Undertaking]], headquartered in [[Bengaluru]], [[Karnataka]], [[India]]. It manufactures a variety of heavy equipment, such as that used for earth moving, transport and mining. | ||
==History== | ==History== | ||
BEML incorporated in May 1964, | BEML incorporated in May 1964, with the help of Soviet Union.<ref>https://businessindia.co/magazine/gunning-for-self-reliance</ref><ref>https://www.nishithdesai.com/Content/document/pdf/ResearchPapers/Indian-Defence-Industry-Redefining_Frontiers-web.pdf</ref> It was wholly owned and operated by India's [[Ministry of Defence (India)|Ministry of Defence]] until 1992, when the government divested 25% of its holdings in the company. BEML is Asia's second-largest manufacturer of earth moving equipment,<ref>{{Cite web|url=https://www.thehindubusinessline.com/news/variety/BEML-From-earth-moving-to-aerospace/article20595770.ece|title=BEML: From earth moving to aerospace|publisher=[[The Hindu Business Line]]|date=27 March 2013|access-date=28 March 2013}}</ref> and it controls 70% of India's market in that sector. Its stock trades on the [[National Stock Exchange of India]] under the symbol "BEML", and on the [[Bombay Stock Exchange]] under the code "500048".<ref>{{Cite web|url=https://economictimes.indiatimes.com/beml-ltd/stocks/companyid-11975.cms|title=BEML Ltd Company in Bombay Stock Exchange (BSE)|publisher=[[The Economic Times]]|date=12 January 2019|access-date=13 January 2019}}</ref> The company went for Follow on Public offer (FPO) and fixed the price band for its FPO between [[Indian rupee sign|₹]]1,020 and ₹1,090.<ref>{{Cite news|url=https://economictimes.indiatimes.com/markets/ipos/fpos/beml-public-offer-subscribed-around-9-times/articleshow/2170112.cms|title=BEML public offer subscribed around 9 times|newspaper=[[The Economic Times]]|date=3 July 2007|access-date=4 July 2007}}</ref> The [[Government of India]] had given 'in-principle' approval for strategic disinvestment of BEML Ltd. to the extent of 26% out of the Government shareholding of 54.03% with transfer of management control to strategic buyer.<ref>{{cite web|url=https://pib.gov.in/PressReleseDetail.aspx?PRID=1595015|title=PSU Status of BEML|access-date=5 December 2019}}</ref> | ||
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==Manufacturing facilities== | ==Manufacturing facilities== | ||
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{{DEFAULTSORT:Beml}} | {{DEFAULTSORT:Beml}} | ||
[[Category:Coach and wagon manufacturers of India]] | [[Category:Coach and wagon manufacturers of India]] | ||
[[Category: | [[Category:Manufacturing companies based in Bangalore]] | ||
[[Category:Construction equipment manufacturers of India]] | [[Category:Construction equipment manufacturers of India]] | ||
[[Category:Government-owned companies of India]] | [[Category:Government-owned companies of India]] | ||