BEML luggage export orders from Cameroon and Bangladesh; Share trades in green
Image: Collected
BEML Limited has received export orders from Cameroon and Bangladesh beneath the Government of India-Lines of credit.
As per the regulatory filing, the purchase for Cameroon features been received from the Ministry of Economy, Planning & Regional Expansion (MOEPRD), Federal government of Cameroon for the supply of 71 units of structure equipment consisting of Bulldozers, Excavators, Wheel Loaders, Motor graders and Compactors for their Cassava Farm Project.
Furthermore, the buy for Bangladesh has been received from the Ministry of Roads & Highways Division, Federal government of Bangladesh for the supply of construction equipment comprising Wheel Dozer for their construction, Repair and Maintenance of Street and Infrastructure assignments in Bangladesh.
BEML said that valuing round USD 23 Million, this equipment will end up being having more than 90% indigenous content and you will be manufactured in BEML’s KGF and Mysore plant life found in Karnataka signifying the real spirit of ‘Atmanirbhar Bharat’ with thrust ongoing global.
At around 2.24 pm, BEML is trading at Rs1375 per part marginal up from the prior closing on BSE.
Source: https://www.indiainfoline.com
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