BEML Limited, a PSU company under the Ministry of
Defence, GoI, has signed a Memorandum of Understanding (MoU) with Delhi Metro
Rail Corporation Limited (DMRC) to collaborate on metro rail projects in India
and expand their footprint in global markets, followed by opportunities within
India. The MoU aims to establish a framework for cooperation between the two
organizations, focusing on jointly identifying, pursuing, and executing metro
rail projects.
The MoU is envisaged as an export-oriented
partnership, marking a strategic transition from a supply-driven model to a
comprehensive EPC-based approach under a single umbrella. The collaboration
with DMRC aims to deliver end-to-end metro solutions.