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Indian Railways to invest Rs 1 tn in new trains, aiming to eradicate waiting lists by 2030

Ashwini Vaishnaw emphasised the need to replace aging rolling stock, estimating a requirement of 7,000-8,000 new train sets. The procurement process for these sets is expected to span the next four to five years.Read more

India explores global partnerships for indigenous hydrogen-powered trains

The Indian Railways is advancing the creation of a prototype train utilising hydrogen fuel cells, offering a more eco-friendly alternative to traditional diesel locomotives.Read more

Investments push spurring growth in railway segment

With rail infrastructure expecting an investment of Rs 50 trillion by 2030, players in this sector will have abundance of opportunities to scale new heights.Read more

Alstom delivers the first trainset for Bhopal-Indore metro rail project

Under the ‘Make in India’ & ‘Atmanirbhar Bharat’ initiatives, these metro trains are being manufactured in Savli, Gujarat. The Bhopal-Indore metro features the latest generation of Communications Based Train Control (CBTC) signalling system.Read more

Alstom successfully delivers the first trainset for Bhopal-Indore metro rail project

The Bhopal-Indore metro features the latest generation of Communications Based Train Control (CBTC) signalling system. Under the Make in India and Atmanirbhar Bharat initiatives, these metro trains are being manufactured in Savli, Gujarat.Read more

Ramakrishna Forging with Titagarh Wagons remains lowest bidder for manufacturing 80,000 forged wheels

In a tender issued by Indian Railways in September 2022 for the production of 80,000 forged wheels every year for 20 years, Ramkrishna Forging Consortium with Titagarh Wagons Limited remains the lowest bidder with quoted Rs 12,226 crore. The company anticipates a business volume of over Rs 15,000 crore with the new production facility. Read more

Alstom commences production for Bhopal & Indore Movia metro passenger trains

Alstom has started production of the ultramodern, lightweight Movia metro passenger trains for the Bhopal and Indore metro projects. The contract awarded by Madhya Pradesh Metro Rail Corporation Limited (MPMRCL) in July 2022 to Alstom includes designing, manufacturing, supplying, installing, testing, and commissioning 156 Movia metro cars. Read more

GEF Capital invests in auto component maker Hero Motors

With a total investment of Rs 1,500 crore over the course of the coming three years, Hero Motors Ltd aims to transform itself into a global EV solutions company from India. The funds will be utilised to augment its growth and expansion, with a significant focus on serving top global OEMs in the EV sector.Read more

Alstom bags order for 312 metro cars from Delhi Metro Rail Corp

As per the order, worth € 312 million, the company will design, manufacture, supply, test and commission 312 standard gauge metro cars for Delhi Metro Phase IV expansionRead more

Alstom bags € 312 million order from Delhi Metro Rail Corp

The company will design, manufacture, supply, test and commission 312 standard gauge metro cars for Delhi Metro Phase IV expansionRead more

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