New Delhi: BEML Limited, a defence public sector undertaking (PSU) under the Ministry of Defence, has secured an export and maintenance order worth approximately ₹75.58 crore for high-mobility military vehicles in Southeast Asia. The order strengthens the company’s presence in the international defence market.
In a regulatory filing dated October 9, 2026, BEML said the contract covers the export and maintenance of HMV 12×12 and HMV 8×8 vehicles, which are designed to meet demanding military mobility requirements.
The agreement combines vehicle exports with maintenance services, providing support beyond the initial supply of equipment. However, BEML has not disclosed the specific Southeast Asian country involved or the delivery schedule for the order.
BEML Order Covers HMV 12×12 and HMV 8×8 Vehicles
The ₹75.58 crore contract includes the export and maintenance of two types of high-mobility military vehicles:
- HMV 12×12 vehicles
- HMV 8×8 vehicles
These vehicles are designed for demanding mobility requirements in military applications. By combining exports with maintenance services, the agreement also creates an opportunity for continued engagement with the overseas customer.
The company has not yet provided further details about the destination country, delivery timelines or the specific maintenance arrangements under the contract.
BEML Strengthens Defence Export Portfolio
The latest order adds to BEML’s business across defence, aerospace, mining and construction, and rail and metro transportation.
The company manufactures specialised equipment for India’s defence requirements and is also pursuing opportunities in international markets. The Southeast Asian contract provides another opportunity to expand its overseas presence in the military vehicle segment.
BEML has also secured domestic defence orders in 2026, including a ₹590 crore Ministry of Defence contract for trawl assemblies for the Indian Army’s T-72 and T-90 tanks.
Together, these contracts highlight the company’s continued involvement in defence equipment manufacturing and its efforts to expand business across domestic and international markets.
Export Order Disclosed Under SEBI Listing Regulations
BEML informed the stock exchanges that the ₹75.58 crore order was received in the normal course of business.
The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which governs disclosures of material events and information by listed companies.
The eventual financial contribution of the export and maintenance contract will depend on execution, delivery and maintenance performance.
About BEML Limited
BEML Limited is a public sector undertaking under the Ministry of Defence, Government of India. The company manufactures equipment and products for defence and aerospace, mining and construction, and rail and metro transportation. It supports India’s defence and infrastructure requirements while pursuing business opportunities in domestic and international markets.
