New Delhi: BEML Limited has signed a Memorandum of Understanding (MoU) with Delhi Metro Rail Corporation Limited (DMRC) to jointly pursue and execute metro rail projects in India and global markets, marking a strategic push towards integrated urban mobility solutions.
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The agreement establishes a framework for cooperation between the two entities, enabling them to leverage their respective strengths in manufacturing, project execution, and operations to deliver comprehensive metro rail solutions. The partnership will focus on identifying and executing projects both domestically and internationally.
The development comes as BEML expands its global footprint, having recently secured its first overseas order worth approximately USD 60 million for supplying metro rolling stock in the African region. Building on this milestone, the MoU is envisaged as an export-oriented collaboration, signalling a shift from a supply-driven model to a holistic engineering, procurement, and construction (EPC)-based approach.
The MoU has been signed in New Delhi by BEML's Director (Rail & Metro) Rajeev Kumar Gupta and DMRC's Director (Business Development) PK Garg in the presence of BEML Chairman and Managing Director (CMD) Shantanu Roy and DMRC Managing Director Vikas Kumar, along with senior officials from both organisations.
Speaking on the occasion, Roy said the collaboration would strengthen BEML’s presence in the rail and metro segment by combining its rolling stock manufacturing capabilities with DMRC’s expertise in metro project execution and operations, enabling globally competitive offerings.
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While Kumar described the agreement as a “historic collaboration,” highlighting its potential to enhance urban mobility systems in India and abroad. He also emphasised the need for indigenous development of propulsion systems and tunnel boring machines (TBMs) for upcoming infrastructure projects, including metro systems, high-speed rail, and Regional Rapid Transit Systems (RRTS), under the Atmanirbhar Bharat initiative.
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