Siemens: signs huge order in India

(CercleFinance.com) - Siemens Mobility has announced the signing of an order for 1,200 locomotives from Indian Railways.


This is the largest locomotive order in Siemens Mobility's history and the largest order in the history of Siemens India. The contract is worth a total of about 3 billion euros, excluding taxes.

Siemens Mobility will design, manufacture, commission and test the locomotives. Deliveries are planned over an 11-year period, and the contract includes 35 years of full maintenance.

The state-of-the-art locomotives will be used for freight transport throughout the Indian Railways network. Producing 9,000 hp, they will be one of the most powerful freight locomotives in the world.



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