
Acquisitions9 May 2025, 03:57 pm
BEML Acquires 100 Acres of Land in Chhattisgarh at Re. 1 per Acre for Manufacturing Unit
AI Summary
BEML Ltd has received approval from the Chhattisgarh cabinet for the allotment of 100 acres of land in Janjgir-Champa district at a nominal rate of Re. 1 per acre. This land will be utilized for setting up a state-of-the-art Heavy Earth Moving Equipment manufacturing plant. This is a significant development for the company, as it continues to expand its manufacturing capabilities and footprint.
Key Highlights
- BEML Ltd acquires 100 acres of land in Chhattisgarh for Re. 1 per acre
- Land allotted in Janjgir-Champa district for Heavy Earth Moving Equipment manufacturing plant
- Chhattisgarh cabinet approves the allotment
- Move aimed at expanding manufacturing capabilities and footprint
- A significant development for BEML Ltd