Bengaluru's Metro Revolution Accelerates: BEML Gears Up to Deliver 20 Train Sets in FY26!

Bengaluru, India's bustling tech capital, is on the cusp of a major urban transport transformation! In an exciting development for daily commuters and city planners alike, BEML, India's leading public sector undertaking, has confirmed its ambitious plan to roll out a substantial fleet of new metro train sets for the Bengaluru Metro Rail Corporation Limited (BMRCL).

CMD Shantanu Roy announced that a remarkable 20 train sets are slated for delivery in the fiscal year 2026, marking a significant acceleration in the city's metro expansion efforts.

This monumental undertaking is part of a larger, pivotal contract valued at approximately Rs 3,177 crore. The order encompasses the manufacturing and supply of 318 state-of-the-art metro coaches, which will translate into 36 complete train sets.

These cutting-edge trains are destined to serve critical new extensions across Bengaluru Metro's Phase 2, Phase 2A (Silkboard to KR Puram), and Phase 2B (KR Puram to Bengaluru International Airport) lines, promising enhanced connectivity and easing the city's notorious traffic woes.

The production timeline is set to gather steam rapidly.

BEML aims to deliver the very first train set by June 2024, kickstarting a steady rhythm of production. Following this initial milestone, the company plans to hand over one complete train set every month. This aggressive schedule means that by the close of FY25, Bengaluru will see an infusion of 10 new train sets, with an even more substantial push in FY26 bringing an additional 20 sets online.

The remaining 6 sets from the total order will be completed and delivered in FY27, ensuring a continuous upgrade to the city's urban rail infrastructure.

At the heart of BEML's strategy is a staunch commitment to the 'Make in India' initiative. Mr. Roy emphasized the company's dedicated efforts towards indigenization, leveraging local talent and resources to bolster domestic manufacturing capabilities.

This approach not only supports the nation's economic goals but also ensures that these crucial transportation assets are built with robust, locally-sourced components, promising reliability and sustainability.

Beyond its contributions to urban mobility, BEML is demonstrating robust overall growth.

The company's current order book stands impressively at approximately Rs 12,000-13,000 crore, diversified across vital sectors including defence, mining & construction, and metro rail projects. Looking ahead, BEML anticipates strong order inflows, projecting an additional Rs 7,000-8,000 crore for FY25.

This healthy pipeline underscores the company's pivotal role in India's industrial landscape.

The CMD further highlighted BEML's strong financial performance, with FY24 revenue growth projected at 10-12% and Profit Before Tax (PBT) growth anticipated to be between 15-18%. This solid foundation is propelling BEML towards an ambitious strategic plan: achieving a staggering Rs 20,000 crore in revenue by FY29.

A significant driver of this growth will be the defence segment, which currently contributes 30-35% of revenue and is targeted to reach 50% through continuous innovation and strategic partnerships.

BEML's reach extends beyond domestic borders, with notable export orders, including recent successful deliveries to Russia and Sri Lanka.

The company is also actively exploring new frontiers in defence manufacturing, with plans to produce cutting-edge products like drones and heavy-duty trailers. As Bengaluru gears up for its expanded metro network, BEML stands as a testament to India's growing industrial prowess, delivering vital infrastructure and driving national progress across multiple sectors.