Wabtec Secures Rs 13 billion Siemens Brake Order

29 Jan 2024 CW Team

The deal encompasses supply of state-of-the-art braking solutions, showcasing the company's commitment to delivering top-notch products. Siemens Mobility, a global leader in transport solutions, has chosen Wabtec for its renowned expertise and track record of excellence in the rail sector.

This collaboration aligns with the broader industry trend of investing in modern infrastructure and technology to meet the increasing demands of a rapidly-evolving transportation landscape. The partnership is expected to not only elevate safety standards but also contribute to the overall efficiency and reliability of railway operations.

Both companies expressed enthusiasm about the shared vision for the future of rail transport, emphasising upon sustainability and innovation. The Rs 13 billion contract reflects the magnitude of this joint effort and underlines the confidence placed in Wabtec's capabilities.

The railway industry, a cornerstone of modern transportation, continues to witness transformative developments, and this partnership is a testament to the commitment of key players in driving progress. As the global demand for efficient and sustainable transportation solutions grows, collaborations like these pave the way for a more connected and advanced future.

In a significant stride towards innovation and collaboration in the rail industry, Wabtec Corporation has successfully secured a Rs 13 billion brake order from Siemens Mobility. This strategic partnership marks a milestone in advancing cutting-edge technologies that enhance the safety and efficiency of railway systems. The deal encompasses supply of state-of-the-art braking solutions, showcasing the company's commitment to delivering top-notch products. Siemens Mobility, a global leader in transport solutions, has chosen Wabtec for its renowned expertise and track record of excellence in the rail sector. This collaboration aligns with the broader industry trend of investing in modern infrastructure and technology to meet the increasing demands of a rapidly-evolving transportation landscape. The partnership is expected to not only elevate safety standards but also contribute to the overall efficiency and reliability of railway operations. Both companies expressed enthusiasm about the shared vision for the future of rail transport, emphasising upon sustainability and innovation. The Rs 13 billion contract reflects the magnitude of this joint effort and underlines the confidence placed in Wabtec's capabilities. The railway industry, a cornerstone of modern transportation, continues to witness transformative developments, and this partnership is a testament to the commitment of key players in driving progress. As the global demand for efficient and sustainable transportation solutions grows, collaborations like these pave the way for a more connected and advanced future.

Infrastructure Transport

15 Sep 2025

Cabinet Approves Key Highway and Rail Projects in Bihar Region

The Union Cabinet on Wednesday approved the four-laning of the 84.2-km Mokama-Munger section of the Buxar-Bhagalpur high-speed corridor, a key industrial region in poll-bound Bihar. The Cabinet also sanctioned the doubling of the 177-km Bhagalpur-Dumka-Rampurhat railway line, which passes through Bihar, Jharkhand, and West Bengal, at a cost of Rs 31.7 billion.The Rs 44.5 billion highway project will be constructed under the hybrid annuity model, a variant of public-private partnership. The Mokama-Munger stretch was the only remaining two-lane section of the 363-km Buxar-Bhagalpur corridor. Fou..

Infrastructure Transport

15 Sep 2025

NGT Issues Notice on Bengaluru Twin Tunnel Project

The National Green Tribunal (NGT) on Wednesday issued notices in response to a petition filed by Bengaluru Praja Vedike and others, challenging the Bengaluru twin tunnel road project. Petitioners claim the project was “hastily announced” and bypassed mandatory environmental impact assessment procedures.Notices have been served to the Karnataka Government, Greater Bengaluru Authority, State Environment Impact Assessment Authority (SEIAA), Bengaluru Smart Infrastructure Ltd (B-SMILE), the Union Ministry of Environment, Forest and Climate Change, and project consultants.The 16.74-km twin-tube..

Real Estate

15 Sep 2025

India’s Residential Sales to Dip Slightly in FY26

Residential sales in India’s seven major cities are projected to decline by up to 3 per cent year-on-year in FY26 to 620–640 million square feet (msf), amid a moderation in sales velocity, according to ratings agency Icra.In FY25, sales stood at 643 msf, down 8 per cent YoY, following a sharp contraction in new launches and moderated demand in the affordable and mid-income segments. This slowdown came after the sector posted a robust compound annual growth rate of 26 per cent in area sales between FY22 and FY24.Icra noted: “Having seen a strong upcycle, the sector entered an equilibrium ..