World rail transport leader to build 800 ‘super high-speed’ locomotives at a factory in Bihar for a decade, endorsing PM’s Make in India vision. French conglomerate Alstom plans to manufacture 800 “super high-power” locomotives in India over a decade, its managing director for India and South Asia Bharat Salhotra said in an interview, adding that the company was also planning to export rail solutions from India to Australia, Central Asia and South-East Asia.
- Awarded a contract to manufacture 800 electric locomotives for Indian Railways, Alstom, a world leader in rail transport business, has decided to produce them in India.
- Factory will be located at Madhepura in Bihar.
- The factory will produce 800 locomotives of 12,000 horsepower each.
- The first phase of the factory should get over in September and the first locomotive will roll out from that plant in February 2018.
- Almost 85 per cent of the supply chain for all those locomotives would be based in India. “Eight hundred locomotives would be made in India.
- They would be importing some initial parts. But then, they would subsequently move it to the plant in Madhepura.
- Bharat Salhotra said, local competency would be developed in India at the supplier end through a partnership with France.
- It Means Combining French technology and expertise with Indian talent and entrepreneurship would help us make rapid strides.
- Salhotra also said that Four years ago, we started with 30 per cent (of the supply chain) coming from India and 70 per cent coming from elsewhere. Now it is the other way round.