BEML ventures into dredging business

BEML Lltd, a defence public sector company, has signed a memorandum of understanding (MoU) with Dredging Corporation of India Ltd (DCI) for indigenous design, development and manufacture of spares for dredgers, with an objective of strengthening the government’s Make in India initiative. “By leveraging the infrastructure and technology base developed for mining & construction machinery, BEML has entered into dredging business,” said BEML in a press release.
 
The MoU was signed by P Dwarakanath, CMD, BEML and Rajesh Tripathi, CMD, DCI Ltd, in the presence of Nitin Gadkari, Minister for Road Transport and Highways and Shipping.
 
As per the agreement, BEML will supply various types of spares for the existing dredgers and also supply of backhoe excavators for new dredgers. Spares include heavy fabricated and machined components and hydraulic aggregates.