BEML Ltd is firming up tie-ups with two foreign companies for setting up joint manufacturing facilities in India. Besides, the state-owned company has also called for global expressions of interest (EOIs) for more tie-ups as part of its efforts to indigenise technology.
These planned units would be set up in its Make in India Park. In an interview with Business Standard, Deepak Kumar Hota, BEML's chairman and managing director, said the nature of tie-ups through the EOIs would be open-ended.
Though Hota did not share the names of the two companies, he said the tie-up with a Czech firm was