INSIDE BEML'S GROWTH PLAYBOOK

BEML CMD Shantanu Roy on tech and big orders

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Shantanu Roy, Chairman & Managing Director of BEML Ltd, outlines the company's renewed focus on construction equipment, indigenous mining technology, rail and metro expansion, exports, and his long-term vision aligned with Atmanirbhar Bharat. Excerpts from his interview with Subhajit Roy.

How does EXCON reflect BEML's current strategic priorities?

BEML was founded over 60 years ago with heavy earthmoving machinery as its backbone. Our first manufacturing unit at KGF was dedicated to this segment, and it continues to be central to our strategy. Over time, we diversified into rail, defence, and mining, but infrastructure equipment remains core.

After restructuring BEML into 14 Strategic Business Units in April 2024, we consciously decided to refocus on the construction equipment space. India's infrastructure spending now exceeds ₹45,000 crore, and that presents a huge opportunity. At EXCON, we have relaunched several upgraded machines, including the 20-tonne BE220 excavator, motor graders, wheel dozers, and smaller equipment variants - products that have been significantly reworked to meet current market needs.