BEML, DCIL Sign Rs 3.5 Billion Maritime Partnership

05 Nov 2025 CW Team

State-owned BEML announced on Friday that it has entered into multiple agreements with Dredging Corporation of India Limited (DCIL) to jointly design and construct dredgers and supply indigenous spare parts.

The two companies signed three memoranda of understanding (MoUs) worth around Rs 3.5 billion during India Maritime Week 2025 in Mumbai, marking a significant step in advancing India’s maritime and inland waterway capabilities.

According to BEML, the MoUs cover a wide range of collaborative initiatives, including the design and construction of inland cutter suction dredgers, the development of cable dredgers and long-reach excavators, and the creation of customised dredging solutions for reservoir de-siltation and inland waterway development. The agreements also include the supply of locally manufactured spares for DCIL’s existing dredger fleet.

BEML Chairman and Managing Director Shantanu Roy stated, “Together with DCIL, we are committed to enhancing self-reliance and driving the nation’s maritime growth story forward.”

Under this partnership, BEML will lead the supply, maintenance, and lifecycle support of dredgers and associated equipment, while DCIL will manage deployment and operational execution across key maritime and inland waterway projects.

BEML, which functions under the administrative control of the Ministry of Defence, operates across three major sectors — construction and mining, rail and metro, and defence and aerospace. The new collaboration reinforces its growing role in supporting India’s ‘Aatmanirbhar Bharat’ (self-reliant India) initiative within the maritime domain.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..