TRACKS TO FUTURE

As India rapidly expands and modernises its rail and metro network, French mobility giant Alstom has emerged as a key player with its world-class solutions and strategic positioning in a highly competitive market

- By ASHISH SINHA

INDIA has emerged as the third-largest market for Alstom, trailing only behind France and Germany. With the Indian rolling stock market expected to reach $56.89 billion (approximately Rs 4.7 lakh crore) over the next five years, propelled by a robust CAGR of 45.49 per cent for railways and 38.57 per cent for the metro sector, Alstom remains deeply entrenched in India's rapid rail modernisation. The French mobility giant is not just witnessing this transformation—it is actively driving it.

“India is central to Alstom’s innovation and manufacturing strategy under the principles of ‘India for India’ and ‘India for Global’,” says Olivier Loison, Managing Director for India Cluster at Alstom. With a strong local presence, Alstom is well-positioned to support India’s ambitious infrastructure goals while expanding its own operations. Meanwhile, Alstom recently secured a €144 million (Rs 1,285 crore) contract to supply Mitrac traction components for 17 Vande Bharat Sleeper trainsets (408 cars). The systems, delivered to ICF Chennai, include preventive and corrective maintenance for five years. Loison emphasises Alstom’s pride in supporting India’s rail modernisation, citing its extensive manufacturing expertise.

Strengthening the Rail Network

Alstom has been a vital partner in India’s railway modernisation, working closely with Indian Railways and metro authorities to deliver world-class mobility solutions. One of its most significant projects is the WAG-12B electric locomotives under a landmark €3.5 billion (Rs 31,500 crore) contract signed in 2015. Nearly 500 locomotives have been delivered to date, transforming freight movement across India.