Alstom Indian Rail Sector
Riding high on the back of recently bagged contracts for the Kochi Metro in the downstream south, French engineering major Alstom has decided to double its business to €800 million amounting to Rs. 5,700cr in India in the next three-four years, President, Alstom (Transport), Henri Poupart-Lafarge, said, adding that on this score the company has also decided to double its order book in the same period from the current €400 million.

As a matter of fact, Alstom, which plans 80% local sourcing for the Kochi Metro project from its plant in Chennai, is also involved in Metro rail projects in Delhi, Jaipur, Chennai and Bengaluru. In fact, its Indian arm is very optimistic about bagging another contract in the Dedicated Freight Corridor as it has recently bid for the electrification and signaling package of the Khurja-Bhaupur (343 km) section of the Eastern Corridor and the player is very optimistic about bagging the contract.