Endorsing Prime Minister Narendra Modi’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. Salhotra said in an interview that the company was also planning to export rail solutions from India to Australia, Central Asia and SouthEast 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 — at a factory in 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,” Salhotra told IANS.
He added that 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. We would be importing some initial parts. But then we would subsequently move it to the plant in Madhepura.” To achieve that, he said, local competency would be developed in India at supplier end through a partnership with France.
“Combining French technology and expertise with Indian talent and entrepreneurship would help us make rapid strides.”Salhotra, who received the French honour insignia of the Knight of the National Order of Merits from the French Ambassador Alexandre Ziegler on Thursday, added that the company had already started moving towards the Make in India vision.
“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 around.”However, Salhotra said he had larger plans not just to meet the Indian requirements but to expand the business to Central and SouthEast Asia.
Credit – Financial Express