BEML Limited, the mini-Ratna PSU under the defence ministry and maker of construction and mining equipment, has set up an assembly unit, BEML Brasil Industrial Ltda, at Rio de Janeiro in Brazil. The company will assemble its products relating to mining and construction, rail and metro, and defence segments at this unit for its customers in and around Brazil.
With the establishment of the assembly unit in Brazil, the company would be promoting its sales with service in all the provinces of Brazil and other Latin American countries like Suriname, Argentina, Chile, Peru and Bolivia, among others, the company said in a release.
Through this unit, BEML also aims to enter into other business areas like contract mining, since the LatAm countries form the largest mining bowl of the world.