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BEML

Cni Research Ltd, April 2011, Pages: 11


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BEML is a Mini-Ratna company under the Ministry of Defence. The company operates under three major Business verticals, namely Mining & Construction, Defence and Rail & Metro. Mining & Construction offers range of mining machinery for both opencast and underground mines. It exports its products to countries in Asia, Africa, Europe and Latin America.

Key beneficiary of both railway and union budget
As per the Planning Commission’s preliminary assessment of the investment in infrastructure during the Twelfth Plan (financial years 2012-17), the projected investment is estimated to be about USD One trillion (approximately) half of which would come from the private sector. The Government will allocate ` 2,14,000 Cr towards the infrastructure sector which is about 48.5% of the total planned allocation and 23.2 % higher compare to previous year.




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