BEML has signed strategic Memorandum of Understanding (MoU) with the Directorate of Marine Engineering, Indian Navy. This landmark agreement is a pivotal step in enhancing bilateral cooperation for the indigenous design, development, manufacture, testing, and product support of critical marine equipment and systems. 

The partnership aims to strengthen self-reliance in defence production and minimise reliance on foreign imports. The collaboration will enhance indigenous marine engineering capabilities, ensuring that both current and future naval projects are equipped with state-of-the-art, domestically produced technology. This alliance is focused on meeting immediate operational requirements while also fortifying long-term defence infrastructure. 

BEML is a Public Sector Undertaking for manufacture of Rail Coaches & Spare Parts and Mining Equipment.