BEML
The Bharat Earth Movers Limited (BEML) a Public Sector Undertaking under the Ministry of Defence set up a large manufacturing unit in KGF. It manufactures a variety of heavy equipment used for earth moving, transportation and mining such as Hauliers, Loaders, Dumpers, trailers and excavators. BEML was incorporated in May 1964, and commenced operations on January 1, 1965. It was wholly owned and operated by India's Ministry of Defence until 1992, when the government divested 25% of its holdings in the company.
BEML acquired 1100 acres of prime land from BGML on Lease which expires in 2013. BGML has claimed that the Lease terms were not honoured by BEML and has asked BEML to return the land.
BEML is also accused of trespassing into BGML's Wagon MAnufacturing Unit and The Central Workshop (Mechanical). The matter is currently in court. BEML is also manufacturing metro cars for DMRC and BMRC. BEML has an education society which runs BEML Composite Junior College, a famous High School and Pre University College in this region.
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