BEML opens Thai front with Rs 120-crore deal

Bharat Earth Movers Ltd (BEML) on Tuesday announced its entry into the Thailand and neighbouring market with a Rs 120-crore contract. It would distribute its products through Paragon Company Ltd in Thailand, Myanmar, Laos and Cambodia. The products include dump trucks, excavators, loaders, motor graders and dozers, a release said. BEML's CMD, Mr V.R.S. Natarajan, handed over 21 units of 100-tonne dump trucks to Electricity Generating Authority of Thailand (EGAT) at a ceremony in Bangkok on Tuesday. EGAT will deploy the trucks in its lignite mines. BEML currently exports to 55 countries and has operations in Brazil, China, Malaysia and Indonesia.