BEML Share Price Gains Over 3% as MoD Signs ₹975 Crore Contracts with BEML & EPHL for T-72/T-90 Tank TRAWL Assembly

The Ministry of Defence (MoD) has finalised contracts worth ₹975 crore with Bharat Earth Movers Limited (BEML) and Electro Pneumatics and Hydraulics (India) Private Limited (EPHL). 

This procurement is aimed at enhancing the minefield breaching capability of the Indian Army's T-72 and T-90 tanks. 

Enhancing Minefield Breaching Capability 

On April 21, 2026, the MoD signed contracts in New Delhi, witnessed by Defence Secretary Shri Rajesh Kumar Singh. The TRAWL Assembly, developed by the Defence Research and Development Organisation (DRDO), is a pivotal addition to the Indian Army's arsenal.  

It is designed to create vehicle-safe lanes through minefields equipped with anti-tank mines with proximity magnetic fuses, significantly boosting operational effectiveness. 

This initiative is part of the "Aatmanirbhar Bharat" mission, focusing on indigenously designed, developed, and manufactured defence equipment.  

The procurement not only modernises India's defence infrastructure but also empowers local industries, reflecting a commitment to self-reliance. 

Impact on Indigenous Industries 

The contracts with BEML and Electro Pneumatics and Hydraulics (India) Private Limited are expected to generate substantial direct and indirect employment opportunities.  

By encouraging the Micro, Small, and Medium Enterprises (MSME) sector through component manufacturing, this project supports the broader economic goals of the nation. 

Read More: BEML Share Price In Focus: Bags ₹590 Crore Defence Order From Ministry! 

BEML Share Price Performance  

As of April 22, 2026, at 9:41 AM, BEML share price on NSE was trading at ₹1,828.10 up by 3.41% from the previous closing price. 

Conclusion 

The MoD's ₹975 crore investment in TRAWL Assembly for T-72 and T-90 tanks marks a significant step in enhancing the Indian Army's capabilities. This move aligns with the Aatmanirbhar Bharat initiative, promoting indigenous production and strengthening India's defence sector. 

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