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Monday 14 July 2008

BEML bags Rs 44.50 orders from Malawi and Tunisia

Bangalore, Jul 14 (UNI) India's leading Mining and Construction equipment manufacturer Bharat Earth Movers Limited (BEML) has bagged export orders worth Rs 44.50 crore from two African countries.

The orders comprised of 35 equipment worth Rs 21.50 crore from Tunisia, and Rs 13 crore for 18 equipment from Malawi, according to a BEML release here today.

The Equipment ranged from Small Size Bull Dozers to Back Hoe Loaders, Wheel Loaders and Hydraulic Excavators.

Recently BEML had bagged Mining Equipment orders from Indonesia worth of Rs 207 crores.

BEML has established its presence in more than 52 countries and has been consistently focussing on the international business activities with major thrust on Asia Pacific, Middle East and African markets.

To increase its overseas market penetration, BEML has set up its Offices in China, Malaysia and Brazil.

BEML has Order an Book of Rs 4000 Crore and with the expected orders in the pipe line, soon the Order Book will cross Rs 5000 Crore. BEML plans to achieve a sale of Rs 3600 Crore in the fiscal year 2008-09.

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