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Heading towards a new high!

After two years of lull, the excavator market should grow again and reach 25,000 units in 2022.

Loaded with opportunities

The wheel loader market is estimated to be valued at over $23.74 billion by 2030. It is anticipated to reach a CAGR of over 8.9 per cent during the forecast period from 2022 to 2030.

Vigilance awareness week at BEML

Justice P V Shetty, Hon鈥檅le Lokayukta, Karnataka calls for quality and transparency at work.

Fully loaded with opportunities

For a construction site to function without a loader may be impossible. Add to this the fact that the awareness to use the right tool for the right job is growing. The future of loaders looks bright despite the recent slowdown. The influx of new technology is ensuring that they are ever versatile and profitable to operate.

Wheel loader market is dominated by 120-150 HP range equipment

In the current context, users prefer wheel loaders that deliver higher productivity at lesser operating costs, along with enhanced servicing of their machines across their work cycle.

BEML celebrates Doctors Day

BEML, a defence PSU, celebrated Doctors Day by honouring the doctors and health-care workers in recognition of their yeoman service rendered during the pandemic times.

BEML records highest ever turnover

Defence public sector undertaking, BEML recorded its highest ever turnover of Rs 3,557 crore for the FY 2020-21 against the previous year turnover of Rs 3,029 crore, a growth of 17%.

With infra plans in place, there will be continuous growth for hydraulic excavators

Initially during first quarter of FY2021 there was decline in sales of hydraulic excavators due to pandemic. During second quarter the sales have improved and subsequently, during third and fourth quarter the sales of crawler excavators has picked up and ended with a total sales growth of 8 per cent compared to previous FY2020.

Digging deeper

The government鈥檚 various initiatives on revival of the infrastructure sector and favourable policies have driven the growth of Indian hydraulic excavator market.

Govt鈥檚 infra focus will boost demand for CE鈥�

Established in May 1964 as a public sector undertaking for manufacturing rail coaches and spare parts and mining equipment, BEML (formerly Bharat Earth Movers) has partially disinvested and presently Government of India owns 54 per cent of total equity and rest 46 per cent is held by public, financial institutions, foreign institutional investors, banks and employees.

BEML CMD: Five factors that will boost demand for CE

Earthmoving segment is expected to continue its dominance in the near future, Rajasekhar says

MV Rajasekhar assumed additional charge as CMD, BEML

MV Rajasekhar, Director (Mining & Construction) and member of the board of BEML Limited has taken additional charge as Chairman & Managing Director of the company from Feb 01, 2021. He succeeded Dr Deepak Kumar Hota, who retired from service on account of superannuation.

BEML signs MoUs to explore & enhance the business in defence & aerosapce

BEML is a leading multi-technology 鈥楽chedule A鈥� company under the Ministry of Defence signed of MoUs with 11 entities to explore and enhance the business in Defence & Aerospace Sector in the presence of Rajnath Singh, Raksha Mantri at the Bandhan Ceremony, AERO INDIA 2021.