BEML Ltd., India’s leading rolling stock producer, has recently signed a Memorandum of Understanding (MoU) with Malaysia’s largest rolling stock manufacturer, SMH Rail. This significant deal was signed in the presence of Malaysia’s Minister of International Trade and Industry, Tengku Zafrul B Tengku Abdul Aziz, during an event in Delhi.
India and Malaysia are working together for the first time in history through this strategic partnership, which aims to improve bilateral ties and meet the rising demand for modern rail and metro rolling equipment worldwide. BEML and SMH Rail will collaborate on the marketing, supply and service of rail and metro rolling stock products with a particular focus on markets in Malaysia, Southeast Asia and Africa.
In the exchange filing, the company shared, “Under this MoU, BEML and SMH Rail will pool their resources to enhance capabilities in marketing, manufacturing, and maintenance, repair, and overhaul (MRO) services. The collaboration will also involve the joint design, engineering, manufacturing, and integration of rolling stock, tailored to meet client-specific requirements. Additionally, both companies will excel in sourcing rolling stock aggregates and subsystems, formulating winning strategies, and exchanging technology on a mutual basis.”
