BEML secures first-ever overseas metro rolling stock order worth $60 million

New Delhi: BEML Limited has secured its first-ever overseas order for metro rolling stock, marking a significant milestone in the company’s global expansion strategy.

In a regulatory filing on Tuesday, the company informed that it has received a Letter of Intent (LoI) for the design, manufacture, supply, testing and commissioning of standard gauge metro rolling stock for the African region.

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The order, valued at approximately USD 60 million, involves the supply of stainless steel metro coaches, highlighting BEML’s growing capabilities in the urban transportation segment.

However, the project cost and other details have not been disclosed yet the defence PSU in the filing.

This development represents a major breakthrough for the state-run engineering firm, as it ventures into the international metro rail market for the first time. The company has previously been engaged in supplying metro coaches for several domestic projects, but this order signals its entry into overseas markets.

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With this order, BEML is expected to strengthen its position as a key player in the global rolling stock manufacturing sector, while also contributing to India’s push for exporting high-value engineering goods.

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