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BEML and Cades to work on aerospace business

BEML has signed up an agreement with Cades Digitech Pvt Ltd to work jointly on "Design to Build" and "Build to Print" for global aerospace majors. The company is diversifying into aerospace and will set up a aerospace division to manufacture spare parts for aircraft trainers, aerospace castings, gears of transmission systems mostly from European companies. It may be noted that, Cades had been chosen as preferred suppliers from European companies and BEML had signed up an agreement with Karnataka govt for setting up an aerospace complex in the upcoming SEZ in Devanahalli near Bangalore.

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