BEML starts work on aerospace manufacturing at Devanahalli, Bangalore

Business

oi-Sunil

By Sunil Fernandes

Published: Tuesday, April 3, 2012, 10:16 [IST]

BEML, a defence PSU undertaking is setting up a manufacturing aerospace division at SEZ Park, near Bangalore International Airport, Devanahalli. This will pave the way for BEML to manufacture aircrafts and is the second new manufacturing facility.

This aerospace facility will be capable of manufacturing aerospace components and parts, assembling of helicopter and aircraft up to 21 metres.

The facility is spread over 3 lakh sq feet and the company has invested Rs 455 crores for this project. It may be recalled that the company already has an aerospace manufacturing facility at Mysore, for design aircraft, helicopters and engine parts.

With the opening of the new facility at Bangalore, the Mysore Aerospace Division will be dedicated towards manufacturing of ground support and handling equipments. The shares of BEML were traded at Rs 624 on the BSE.

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