Established in 1964 to undertake manufacture of rail coaches and spare parts for mining equipment., BEML plays a major role serving India's core sectors like Defence, Rail, Power, Mining and Infrastructure. A partially disinvested company, BEML Limited has achieved a turnover of over rupees 35000 Crores through its core business activities, i.e., Mining & Construction, Defence and Rail & Metro services from its manufacturing units located at Bangalore, Kolar Golf Fields, Mysore, Palakkad and one subsidiary Vignyan Industries ltd. in Chikmagalur in Karnataka. The company's products and services are rendered through its wide national and international network sales and service centers and network. Now BEML sells its products to over 56 countries through offices, sales and service associates and two subsidiary companies established in Brazil and Indonesia.
BEML has an in-house R & D team and infrastructure dedicated to develop systems that would meet the growing technological demands and technical up gradations in line with the company's growth demands. The company has nine manufacturing units, which produces equipments for its three major business verticals, viz., Mining and Construction, Defence and Rail & Metro Rail. To strengthen its technological synergies, the company maintains three strategic divisions: Technology division for providing engineering solutions, Trading division for dealing in non company products and International business division for export activities.