Siemens has been awarded a contract by the Indian Railways for the manufacturing and maintenance of 800 electric locomotives. This is a major coup for the company, which is looking to make inroads into the Indian market.
The locomotives will be manufactured at Siemens’ facility in Munich, Germany, and will be shipped to India. Once in India, they will be assembled at the company’s new factory in Bangalore.
The contract is a big win for Siemens, which is looking to establish a strong presence in India. With a population of over 1.2 billion, India is a key market for the company.
Siemens is a leading manufacturer of locomotives, and this contract will help the company to consolidate its position in the market.
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