Corporate News     21-Aug-24
BEML signs MoU with Malaysia's largest rolling stock manufacturer, SMH Rail

BEML has entered into a Memorandum of Understanding (MoU) with Malaysia's largest rolling stock manufacturer, SMH Rail. This landmark agreement was formalized in the presence of Tengku Zafrul B Tengku Abdul Aziz – Minister of International Trade and Industry, Malaysia during an event in Delhi.

This strategic partnership marks a historic collaboration between India and Malaysia, aiming to strengthen bilateral relations and address the growing global demand for advanced rail and metro rolling stock. Together, BEML and SMH Rail will focus on marketing, supply, and servicing of rail and metro rolling stock products, with a particular emphasis on markets in Malaysia, Southeast Asia, and Africa.

Under this MoU, BEML and SMH Rail will pool their resources to enhance capabilities in marketing, manufacturing, and maintenance, repair, and overhaul (MRO) services. The collaboration will also involve the joint design, engineering, manufacturing, and integration of rolling stock, tailored to meet client-specific requirements. Additionally, both companies will excel in sourcing rolling stock aggregates and subsystems, formulating winning strategies, and exchanging technology on a mutual basis.

Previous News
  BEML consolidated net profit declines 1.47% in the September 2024 quarter
 ( Results - Announcements 11-Nov-24   15:40 )
  BEML to discuss results
 ( Corporate News - 02-Nov-24   13:52 )
  BEML announces board meeting date
 ( Corporate News - 31-Oct-24   11:57 )
  BEML appoints director
 ( Corporate News - 17-Oct-24   18:55 )
  BEML gains on bagging Rs 867-cr contract for high-speed rail
 ( Hot Pursuit - 16-Oct-24   11:01 )
  BEML wins order of Rs 866 cr from Integral Coach Factory (ICF), Chennai
 ( Corporate News - 15-Oct-24   14:44 )
  BEML bags contract worth Rs 867 crore from Chennai-based Integral Coach Factory
 ( Hot Pursuit - 15-Oct-24   13:20 )
  BEML announces Rajeev Kumar Gupta takes charge as Director (Rail & Metro)
 ( Corporate News - 11-Oct-24   14:02 )
  BEML to conduct AGM
 ( Corporate News - 03-Sep-24   17:21 )
  BEML AGM scheduled
 ( Corporate News - 03-Sep-24   11:37 )
  BEML signs MoU with Indian Navy for strengthening indigenous marine engineering capabilities
 ( Corporate News - 21-Aug-24   19:51 )
Other Stories
  CAMS and KFin Technologies form JV for MF Central
  11-Nov-24   19:02
  L&T Technology Services signs definitive agreements to acquire Intelliswift
  11-Nov-24   19:00
  Balmer Lawrie announces its foray into rail logistics
  11-Nov-24   18:55
  ICRA announces cessation of directors
  11-Nov-24   18:52
  Board of Goodyear India approves change in chairperson
  11-Nov-24   18:50
  Harsha Engineers International appoints director
  11-Nov-24   18:49
  Britannia Industries approves appointment of Jehangir Nusli Wadia on Board
  11-Nov-24   18:46
  Board of EPL approves change in directorate
  11-Nov-24   18:44
  Shree Digvijay Cement Co. allots 4.07 lakh equity shares under ESOP
  11-Nov-24   18:42
  Shriram Finance allots 24,197 equity shares under ESOS
  11-Nov-24   18:41
Back Top