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BEML And DMRC Sign MoU To Jointly Develop Metro Projects In India And Target Global Rail Markets

BEML And DMRC Sign MoU To Jointly Develop Metro Projects In India And Target Global Rail Markets

Swarajya 1 week ago

Public sector engineering major BEML has entered into a Memorandum of Understanding (MoU) with the Delhi Metro Rail Corporation (DMRC) to jointly pursue metro rail opportunities in India while expanding their footprint in international markets.

The agreement establishes a framework for cooperation between the two organisations to identify, develop and implement metro rail projects together.

Under the partnership, the companies will combine their expertise to pursue projects through an integrated approach, covering planning, engineering and execution. BEML said the agreement represents a strategic shift in the way the company approaches the metro rail sector.

"The MoU is envisaged as an export-oriented partnership, marking a strategic transition from a supply-driven model to a comprehensive EPC-based approach under a single umbrella. The collaboration with DMRC aims to deliver end-to-end metro solutions," BEML said in a statement.

The collaboration also aligns with the broader strategy of the Ministry of Housing and Urban Affairs (MoHUA) to position Indian metro expertise in global markets.

Earlier, on 7 November, 2025, Union Minister of Housing and Urban Affairs Manohar Lal Khattar announced that DMRC, through its subsidiary Delhi Metro International Limited (DMIL), would function as the nodal agency for executing consultancy, construction, turnkey and operations-related metro projects both within India and overseas.

Meanwhile, BEML has also secured its first international contract for metro rolling stock. The company recently received a Letter of Intent worth approximately USD 60 million for the design, manufacture, supply, testing and commissioning of standard gauge metro trains for a project in the African region.

In a stock exchange filing dated 18 March, 2026, the company stated: "BEML Limited hereby informs that the Company has received a Letter of Intent for Design, Manufacture, Supply, Testing, and Commissioning of Standard Gauge Metro Rolling Stock for African region. The order comprises of stainless-steel standard gauge metro rolling stock valuing of approximately USD 60 million. This is the first ever overseas order secured by BEML for supply of metro rolling stock."

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