Siemens expands mass transit solutions hub in India

12 Oct 2023 CW Team

Siemens AG, the German multinational technology conglomerate, announced plans to establish India as the focal point for mass transit solutions, as stated by company executives today.

Peter Koerte, the Chief Technology Officer and Strategy Officer at Siemens AG, mentioned that the $ 3 billion substantial order received from the Indian Railways would undoubtedly expedite the manufacturing of components and locomotives within the country. He added that Siemens operates a facility in India dedicated to developing various infrastructure solutions and intends to leverage India as a central hub for mass transit solutions, presenting a significant opportunity.

Earlier this year, Siemens inked a contract worth Rs 260 billion with Indian Railways to supply and maintain electric locomotives for freight transportation in India. This deal stands as the largest locomotive agreement in Siemens Mobility's history and represents the company's most significant order in India.

As per the agreement, Siemens will deliver 1,200 electric locomotives with a high capacity of 9000 horsepower (HP) and will also provide maintenance services to the Railways for a duration of 35 years. These deliveries will be carried out over an eleven-year period.

Siemens emphasised its engineering capabilities in India, boasting 30 factories, and expressed its intent to further expand and develop these capacities for the region.

Building Material

11 Dec 2025

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..

Lloyds Metals, Tata Steel Sign MoU to Explore Strategic Collaboration

"Lloyds Metals and Energy Limited has signed a non-binding Memorandum of Understanding with Tata Steel Limited to evaluate potential areas of strategic cooperation across mining, logistics, pelletisation and steelmaking. The MoU was signed by B Prabhakaran, Managing Director of Lloyds Metals, and Mr T V Narendran, CEO and Managing Director of Tata Steel. The partnership framework aims to leverage the natural operational synergies between both companies and assess opportunities in greenfield steel projects, iron ore mining, slurry pipeline infrastructure, pellet manufacturing in iron ore–ric..

IndiaAI, Gujarat Govt Host Regional Conclave Ahead of 2026 AI Summit

The IndiaAI Mission under the Ministry of Electronics and Information Technology, along with the Government of Gujarat and IIT Gandhinagar, convened a Regional Pre-Summit Event at Mahatma Mandir, Gandhinagar. The initiative is part of the build-up to the India–AI Impact Summit 2026, scheduled for 15–20 February 2026 at Bharat Mandapam, New Delhi. The conclave brought together senior policymakers, technology leaders, researchers and industry practitioners to examine how AI can accelerate economic, digital and social transformation across sectors. The programme focused on the overarching th..