ALSTOM IN INDIA

Alstom SA (EPA:ALO), the industrial giant has been awarded a contract to build electric locomotives in India.

Alstom has won in India one of the largest contracts in its history, the supply of 800 electric locomotives in the amount of 3,000 million euros, the French multinational informed.

The request for the company Indian Railways, will be supplied form gradually between 2018 and 2020, and is part of the ‘Make in India’ plan of government of the country.

The contract involves the installation by Alstom of new production facilities in India. Specifically, it raises Madhepura factory in the state of Bihar, and two maintenance shops in the State of Maharashtra.

Alstom believes that this order marks a “new stage” for the company in the Indian market, where it already has several factories in the country.

The company will supply to India the locomotive ‘Prima’, an apt for freight and passenger transport vehicle and has the capacity to travel 120 kilometers per hour.

November 19, 2015 | Categories: Uncategorized | Tags: ALSTOM, INDIA, Patrick Kron | Leave a comment