BEML Limited (BEML) conferred with Mini-Ratna Status and under the administrative control of Ministry of Defence, is a multi-technology company offering high-quality products for diverse sectors of economy such as coal, mining, steel, limestone, power, irrigation, construction, road building, aviation, defence, metro and railways. BEML is ranked as "The Largest and Most Profitable Construction Equipment Company" by Construction World - NICMAR, 2007. It has emerged in the forefront of heavy engineering industry with a track record of growth and revenues for over four decades. For its innovative management practices the company has been awarded the "Golden Peacock Innovation Management Award". BEML has also been rated as "The Fourth Largest Wealth Creator in the Country" by Dalal Street Magazine. In keeping with the global technology trends, the company is setting up R&D Centre of Excellence for Research in Metro Rail System in