Memorandum Of Understanding (MOU)
BEML and Siemens Limited signed a non-binding MoU
BEML Limited and Siemens Limited, India, collaborate under a non-binding MoU, marking a significant step in rail transport innovation.
New Delhi: BEML Limited and Siemens Limited, India, have signed a non-binding Memorandum of Understanding (MoU) to jointly explore opportunities in the semi-high-speed and suburban passenger train segments, as well as metro and commuter rail markets, the company states in its regulatory filing.
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