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Wabtec looks to tap into tech for Indian Railways
Business Standard|July 03, 2023
In February, US-based railway firm Wabtec Corporation completed half of its 10-year journey to supply 1,000 diesel locomotives to the Indian Railways, in what is one of the biggest foreign direct investments in the Indian railway sector.
- DHRUVAKSH SAHA
Wabtec looks to tap into tech for Indian Railways

On government's localisation push

"WE (WABTEC) ARE WELL ADVANCED IN TERMS OF LOCALISATION CAPABILITIES. AND I'M VERY CONFIDENT IN OUR POSITIONING WITH OUR ROBUST TRANSFER OF TECHNOLOGY PROCESS" - PASCAL SCHWEITZER, President, Wabtec Transit.

With diesel being seen as a relic of the past, now, Wabtec looks at tapping into India’s aggressive push to introduce modern, fast urban rail transportation across the country through its equipment and technology vertical, Wabtec Transit.

In an interview with Business Standard, Pascal Schweitzer, newly appointed President of Wabtec Transit, said the component-maker and technology solutions firm sees India as one of its top markets, especially after the past year witnessed unprecedented acceleration and an "inflection point" in railway infrastructure.

"Railways are a great solution for the future of cities and countries. You see a lot of growth in rail in Western Europe and you see huge growth in India. You also see growth in North America. So, we have a big ambition to be a leading provider of technology solutions," Schweitzer said, elaborating on the markets the company looks to capture at a large scale.

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