BEML Ltd. and Dredging Corporation of India Ltd. (DCIL) have signed three Memorandum of Understanding (MoUs) worth about ₹350 crore towards achieving self sufficiency.
These MoUs encompass a broad spectrum of initiatives, including the supply of indigenous spares for DCIL dredgers, the design and construction of inland cutter suction dredgers, and the development of cable dredgers, long-reach excavators, and customized dredging solutions to support reservoir de-siltation and inland waterway development across the country.
Under this partnership, BEML will spearhead the supply, maintenance, and lifecycle support of dredgers and related equipment, while DCIL will oversee their deployment and operational management across key maritime and inland waterway projects.
Shantanu Roy, Chairman & Managing Director, BEML Ltd., said, “This partnership marks a significant leap in strengthening India’s indigenous capabilities in the maritime and dredging sectors.”
Last year, BEML and DCIL had also signed an MoU aimed at advancing the design, development, and indigenous manufacturing of spare parts for dredgers, laying a strong foundation for this expanded partnership.
Published – October 30, 2025 09:45 pm IST
