Chinese firm developing metro plant in Sri City, AP
Chinese rolling stock and components company CRRC Nanjing Puzhen is setting up its metro coach manufacturing plant at Sri City in Andhra Pradesh at an initial investment of about Rs 350 crore.
The plant will be built on a 45.3 acre plot in the Domestic Tariff Zone (DTZ) and will be commissioned by the end of the year. The plant will manufacture rolling stock (coaches) for metro projects by Delhi Metro Rail Corporation (DMRC), Bengaluru Metro Rail Corporation (BMRC), and Chennai Metro Rail Corporation (CMRC), Mumbai Metropolitan Region Development Authority (MMRDA).
The company has already secured a contract for supplying 216 metro cars for the BMRCL project, with over 75% local manufacturing and over 50% local content. CRRC India will increase the local manufacturing to 90% in future projects.
4th Indian Cement Review Conference 2021
CRRC India, the subsidiary of the China Railway Construction Corporation (CRRC), told the media that Sri City, being one of India's best planned industrial hubs, invited the setting up of the production unit.
With the upcoming CRRC unit, Sri City will be home to two major metro rolling stock manufacturing units—Alstom and CRRC, which will be supplying 70 to 80% of the requirements of metro projects in the country.
CRRC Nanjing Puzhen is one of the world's largest suppliers of rail transit equipment. Besides China, CRRC has a manufacturing presence in Argentina, US, Malaysia and UK and is embarking on its first manufacturing foray in India with the production hub in Sri City, Andhra Pradesh.