To start a new phase in transport business in India, Alstom is planning to set up a rolling stock manufacturing unit at Sri City in Andhra Pradesh. The facility is being created initially to make coaches for the Chennai Metro, but it could now become a sourcing hub for its projects in India and other countries.
The company is likely to spend 30 million euro to develop the Sri City facility. The project will bring in new technology and engineering capabilities that could help make modern metro trains locally. It will attract investments in India by Alstom’s global vendors and also fuel development of domestic ancillary units.
The entity also plans to commission this facility in September this year. The first set of rolling stock is expected to roll-out in January 2014. The fists set of steel cars for the Chennai Metro is being built in Alstom’s factory in Brazil. The cars built in India too will be identical.
