WE WILL SOON HAVE AUTONOMOUS TRAINS RUNNING ON MAINLINES”
Business Today|May 16, 2021
In end-January, French mobility major Alstom completed the acquisition of German rival Bombardier Transportation. The new entity has combined revenues of around €15.7 billion, order book of €71.1 billion and employs 75,000 people in 70 countries. Ling Fang, President, Alstom Asia-Pacific, spoke to P.B. Jayakumar on Alstom becoming the largest overseas mobility player in India and why the country is going to be a crucial market for the company. Edited excerpts:
P.B. Jayakumar
WE WILL SOON HAVE AUTONOMOUS TRAINS RUNNING ON MAINLINES”

With the Bombardier acquisition, how has your footprint changed in India?

Alstom has made huge investments in India. We have set up several factories, recruited a lot of people and also invested significantly in technologies. This was primarily to meet the needs of the Indian railway sector. We decided years ago to put India at the heart of our strategy as the country is a global delivery centre for Alstom worldwide. This includes delivering projects for international markets. We do a lot of research & development and innovation activities out of India.

In India, we have 8,000 employees, six factories (two from Bombardier Transportation) and two large engineering centres (Bangalore and Hyderabad). This makes India the third-biggest country for us. On an average, we have been recruiting 1,000 people per year in India. India will become the number one country for Alstom in two-three years. As our CEO recently said, “If India succeeds, Alstom will succeed, and if India fails, Alstom will fail”. India is important not only because of its market potential but also innovation, manufacturing and engineering capabilities.

The merger has made you the largest multinational mobility solutions provider in India. What are the synergies expected from this acquisition?

Combined, we now have a larger presence in metro rail projects in different Indian cities — Chennai, Lucknow, Kochi and Mumbai. We have won several big projects like Mumbai Metro III, rolling stock for Mumbai Metro IV, Agra-Kanpur metro, signalling for Bangalore metro. There is a little bit of Alstom now in nearly all metro rail projects in India. Bombardier was traditionally more present in the Delhi Metro.

Diese Geschichte stammt aus der May 16, 2021-Ausgabe von Business Today.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der May 16, 2021-Ausgabe von Business Today.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS BUSINESS TODAYAlle anzeigen
"Moving to cloud helped us grow❞
Business Today India

"Moving to cloud helped us grow❞

What was the problem you were grappling with?

time-read
1 min  |
November 24, 2024
She's Got Time
Business Today India

She's Got Time

MORE WOMEN ARE BECOMING WATCH CONNOISSEURS, SEEKING OUT BOTH JEWELLED AND TECHNICAL WATCHES FOR THEIR STYLE AND CRAFTSMANSHIP

time-read
3 Minuten  |
November 24, 2024
RISING STAR
Business Today India

RISING STAR

PARUL GULATI IS a name that's been steadily gaining prominence in the Indian entertainment industry after she appeared on season 2 of Shark Tank in 2023. She has become a multifaceted personality who effortlessly transitions between acting and entrepreneurship.

time-read
1 min  |
November 24, 2024
Building on a Legacy
Business Today India

Building on a Legacy

WHEN ZAHABIYA KHORAKIWALA stepped into her role as Managing Director of Wockhardt Hospitals over a decade ago, she confronted formidable challenges that have since turned into achievements.

time-read
1 min  |
November 24, 2024
LEADER IN INNOVATION
Business Today India

LEADER IN INNOVATION

AS FEDEX'S PRESIDENT (Middle East, Indian subcontinent and Africa), Kami Viswanathan has a lot on her plate.

time-read
1 min  |
November 24, 2024
WAITING IN THE WINGS
Business Today India

WAITING IN THE WINGS

Here are those who missed out as they have not yet completed a year in office; they'll be strong contenders in 2025

time-read
1 min  |
November 24, 2024
A DECENT PROPOSAL
Business Today India

A DECENT PROPOSAL

IN TODAY'S WORLD OF TRYING TO CREATE AN EQUITABLE SPACE, BOTH MEN AND WOMEN CONTRIBUTE TO THEIR HOUSEHOLDS. WOMEN ARE ENCOURAGED TO HAVE THEIR OWN SAVINGS POOL AND INVESTMENT ROUTINE. GIVEN THIS, HOW SHOULD FUTURE BRIDES APPROACH FINANCIAL PLANNING?

time-read
5 Minuten  |
November 24, 2024
Women and the STEM Bias
Business Today India

Women and the STEM Bias

EMPOWERING WOMEN IN STEM WILL NOT ONLY BENEFIT INDIVIDUALS, BUT ALSO STRENGTHEN THE ENTIRE INDUSTRY, DRIVING INNOVATION AND PROGRESS.

time-read
3 Minuten  |
November 24, 2024
ROCKET WOMEN
Business Today India

ROCKET WOMEN

WOMEN IN INDIA ARE NOT ONLY VENTURING INTO SPACE BUT ARE ALSO STARTING TO SPEARHEAD THE COUNTRY'S EFFORTS IN THE GLOBAL SPACE RACE.

time-read
6 Minuten  |
November 24, 2024
ONE STEP FORWARD
Business Today India

ONE STEP FORWARD

THE NUMBER OF WOMEN INDEPENDENT DIRECTORS IS GROWING STEADILY, BUT IT'S A LONG WAY FROM GENDER PARITY. MUCH MORE NEEDS TO BE DONE TO BREAK THE GLASS CEILING IN BOARDROOMS.

time-read
6 Minuten  |
November 24, 2024