French Transport Company Alstom is planning to double its manufacturing capacity in SriCity, in Andhra Pradesh, to 480 trainsets per annum in the near future. The company will be increasing its headcount from current 5,000 people to 8,000 by March 2023, said Alain Spohr, MD, Alstom, India & South Asia.
Speaking at SriCity, Spohr said, “We are planning to double our manufacturing capacity at SriCity from 240 trainsets to 480 trainsets per annum in the next three to four months.”
The factory is currently executing orders for Chennai Metro, Montreal Metro and Mumbai Metro Line 3″. The domestic and export production is a mix of 50:50 at present and the company is comfortable with this mix. It has a localization of around 75 percent in India.
The first metro train for MMRC Line 3 will be delivered by November 2020. It has an order worth Euro 452 million for the Line 3 of MMRC, including manufacturing of 31 lightweight, fully-furnished modern metro trains of 8 cars each. The company expects completion of this project by 2022.
He also added, currently, the company is executing metro projects in several Indian cities including Chennai, Kochi, and Lucknow, where it is supplying Rolling Stock, manufactured out its state of the art facility in Sri City in Andhra Pradesh.
The company is setting up traction components and other products manufacturing facility in Coimbatore, which will be ready by the second half of next year. It is also expecting to see break-even in two to three years from now.
Today, Alstom in India employs close to 5000 people and in line with Government of India’s ‘Make in India’ initiative, Alstom has been investing heavily in the country in producing world-class rolling stock, components, design, research, and development to not only serve the domestic market but also rest of the world.
