BEML bags Rs 42 cr export order
Engineering major Bharat Earth Movers Limited has bagged orders valued at Rs 42 crore for supply of mining equipment and spares from Tunisia and Syria.
By PTI |
BANGALORE: Engineering major Bharat Earth Movers Limited has bagged orders valued at Rs 42 crore for supply of mining equipment and spares from Tunisia and Syria.
The orders have been bagged against stiff international competition from global players, according to a BEML statement.
The machines comprising 85 tonnes rear dump trucks and motor graders would be deployed by customers CPG, Tunisia and Gecopham, Syria for their opencast mines and rock-phosphate projects.
The company said it has been expanding its overseas markets with focus on Latin America, Africa and Indonesia. It has started overseas sales and service offices in China, Singapore and Morocco.
It has crossed Rs 61 crore export turnover in 2005-06 and set an ambitious export target of Rs 121 crore for the current fiscal.
The orders have been bagged against stiff international competition from global players, according to a BEML statement.
The machines comprising 85 tonnes rear dump trucks and motor graders would be deployed by customers CPG, Tunisia and Gecopham, Syria for their opencast mines and rock-phosphate projects.
The company said it has been expanding its overseas markets with focus on Latin America, Africa and Indonesia. It has started overseas sales and service offices in China, Singapore and Morocco.
It has crossed Rs 61 crore export turnover in 2005-06 and set an ambitious export target of Rs 121 crore for the current fiscal.
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