Siemens expands mass transit solutions hub in India
RAILWAYS & METRO RAIL

Siemens expands mass transit solutions hub in India

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.

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.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Sabarmati Riverfront Two Plots Up for Auction at Rs2.24 bn Base Price

Two commercial plots on the western bank of the Sabarmati Riverfront will be auctioned with a base price of Rs 112 crore each, equivalent to Rs 1.12 bn apiece and Rs 2.24 billion in total. The parcels are located adjacent to the Metro Rail Bridge in Ahmedabad and form the first commercial offering after a prolonged pause. The Riverfront Development Corporation has framed the sale as part of a phased commercial release to revive development along the riverfront. The combined base valuation has been set by the corporation to reflect market rates along the riverfront. The corporation has fixed a ..

Next Story
Infrastructure Urban

Andhra Pradesh to Connect Over One Million Streetlights

Andhra Pradesh will undertake a statewide smart streetlighting programme across all 123 Urban Local Bodies (ULBs), bringing around 1.05 million (mn) streetlights under an AI enabled monitoring and management system. The programme will be implemented by Energy Efficiency Services Limited (EESL) with the Commissioner and Director of Municipal Administration under the state Municipal Administration and Urban Development Department. The project aims to convert conventional streetlighting into a digitally managed municipal service monitored and maintained remotely. The initial phase will cover abou..

Next Story
Infrastructure Urban

AMC To Procure Four Machines For Guard Rail Cleaning

Ahmedabad Municipal Corporation will introduce four specialised machines for cleaning guard railings along major roads and the central verges of BRTS and Metro corridors. The civic body plans to replace manual labour with mechanised cleaning to improve maintenance of road infrastructure and greenery. The purchase is estimated at Rs 82.8 million (mn), excluding GST. The proposal sets the base price of each machine at about Rs 20.7 million (mn) so four units total Rs 82.8 million (mn) before GST. 18 per cent GST will be applicable separately. During the warranty period each machine will operate ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement