MOU
BEML sets target of Rs 3000 crore revenue in 2017 18
NEW DELHI: Bharat Earth Movers Limited (BEML) today signed an agreement with the defence ministry for production of various weapons platforms for the armed forces in 2017-18, setting a revenue target of Rs 3,000 crore for the year.
The Secretary (Defence Production), Shri Ashok Kumar Gupta and the CMD, Bharat Earth Movers Limited (BEML), Shri D.K. Hota signed a Memorandum of Understanding between Department of Defence Production and BEML, in New Delhi on July 04, 2017.
The annual memorandum of understanding (MoU) was signed between Ashok Kumar Gupta, Secretary Defence Production, on behalf of the Ministry and CMD of BEML D K Hota.The Additional Secretary (Defence Production), Ms. Surina Rajan and the Joint Secretary (Defence Production), Ms. Kusum Singh were also present on the occasiuon. .
"The revenue from operations has been targeted at Rs 3,000 crore, which is 16 percent increase over the previous year," the defence ministry said in a statement.
Read Also : NMDC unveils Ex-Employee portal 'Samman'
News Must Read
- Shri. Bikram Ghosh takes charge as Director (Finance) in WCL
- SBI to change debit cards maintenance normal from 1 April, 2024
- NMDC excels at Governance Now 10th PSU Awards
- NTPC Group ties up JPY 30 billion funding from JBIC
- Jabalpur Airport connects Madhya Pradesh to other cities
- Best Organisations for Women title to PowerGrid
- Air India Faces Heavy Fine from DGCA of Rs 80 Lakh
- NCL's mega achievement; surpasses 500 Million Cubic Meters of Overburden
- RailTel bags major order from CDAC worth Rs 36 crore
- ICRA withdraws long term rating of NCDs of ONGC