The public sector heavy equipment major BEML Ltd which is putting up a Greenfield plant at Palakkad in Kerala, expects the upcoming unit to give the company a leg up in the lucrative spare parts business. At Palakkad, the company intends to produce spares for both metro rail and aerospace
Sourse From: http://www.steelguru.com/news/index/2009/10/07/MTE0OTY0/BEML_bets_big_on_components_biz.html
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