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Article: Indonesia: BEML may build heavy machinery plant in RI.
- Article from:
- TendersInfo
- Article date:
- August 25, 2009
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Byline: shiv03
India s state-owned BEML Ltd., the second largest heavy equipment manufacturer in Asia, may set up a production plant in Indonesia within the next three years, having inaugurated an assembling plant here.
We will consider building a factory here when our sales have reached more than US$300 million within the next three years, BEML Ltd. chairman and managing director V. RS. Natarajan said Monday.
But he said the investment value of the future plant had yet to be calculated.
Natarajan spoke to reporters in a conference on the inauguration of the publicly listed company s branch office, after sales service center and $44 ...