In Focus: Moving Ahead

Recently upgraded to a category-1 mini-ratna, the Rs 2,200-crore mining equipment major Bharat Earth Movers (BEML) is eyeing Rs 2,600-crore turnover in 2006-07. The company enjoys a 70 per cent market share in the Indian earthmover industry. In the recent past, the company has entered into a tie-up with Compagnie Comercio E Construcoes (CCC) in Brazil to form a joint venture to set up or acquire a plant to manufacture and supply 500 wagons and 200 earth-moving equ

This article was originally published on October 01, 2006.