BEML has signed a Memorandum of Agreement (MoA) with NFM Technologies, France for the manufacture of Tunnel Boring Machines (TBM) in India. BEML will be the first Indian company to manufacture
TBMs.
BEML & NFM plans to supply TBMs to various projects in India and ASEAN countries.
BEML plans to start the production of the machine only after the demand for the same reaches a critical mass. The project will come up at BEML's Kolar Goldfields plant in Karnataka.