Connect with us

Business News

Multinational rolling stock maker Alstom contributes “438 million” indirectly to India’s economy (GDP): report



Alstom delivers electric locomotives for the Indian Railways freight network

According to a recent Ernst & Young report, multinational rolling stock maker Alstom has contributed €438M indirectly to the Indian economy in the last five years. Alstom has been involved in several Indian Railways and urban metro transport projects for the production and induction of electric locomotives, rolling stock and trainsets. As of the end of March 2021, Alstom has an order backlog of €4.1 billion from its Indian operations. (Read also: Alstom starts manufacturing trains for India’s first Rapid Rail Corridor)

Over the past five years, Alstom has helped support more than 161,000 direct, indirect and motivated jobs in the country and aims to increase the female workforce by 28 percent, according to the report. With its sustainable mobility solutions, Alstom has helped reduce CO emissions by more than 10 times compared to other modes of passenger and freight transport. Some of the major contributions of Alstom to the Indian economy are as follows:

High localization, creation of supply chain ecosystem:

Alstom India buys goods and services worth €331 million, of which 75 percent is manufactured with suppliers in India. Overall, the company has invested Rs 12,556 million locally in the last five years. The company has also made 21 technology transfers across Alstom locations for suppliers and other partners.

job creation:

As of March 2021, Alstom had 7,634 direct employees in India. The company has supported around 71,340 indirect and 27,770 motivated jobs across the country. Alstom wants to have 28 percent of women in management, professional and engineering roles by 2025.

Reduction in Carbon Dioxide (CO2) Emissions:

Alstom’s metro trains in India emit 7.9 gCO2/passenger km compared to higher CO2 emissions from cars, which is approximately 79.5 gCO2/passenger km. Similarly, electric locomotives deployed for high-speed freight transport emit 13.4 gCO2/ton.kms of CO, while freight trucks emit 92.3 gCO2/ton.kms.

Sustainable Products and Services:

Alstom adheres to an eco-friendly approach in manufacturing transportation and mobility solutions. For example, the materials and components used in manufacturing the rolling stock for Mumbai Metro Line 3 are 96 per cent recyclable and 99 per cent recoverable.

Minimizing the environmental impact of installations:

Alstom is investing in connecting renewable energy generation systems to its locations, such as at its Sri City facility – where 1 MW of solar power generation capacity has been built. According to the report, the project will result in an annual reduction of 1,132 tonnes of CO2 emissions by the end of this year and a 30 percent reduction in non-renewable energy consumption.

Read also: Alstom launches first trainset for Kanpur Metro: What you need to know

In the current line of projects, Alstom has recently delivered the first train set for Kanpur Metro. It is also involved in the construction of trains for the country’s first Regional Rapid Transit System (RRTS) project to come up in the National Capital Region.

In 2020, as part of the largest Foreign Direct Investment (FDI) project in the Indian Railways sector, Alstom delivered the 100th electric locomotive of 12,000 horsepower (HP) to the national transporter. (Read also: Alstom delivers 100th electric locomotive as part of biggest ever FDI in Indian Railways)

Ellen Spohr, Managing Director, Alstom India, said, “India has always been an important market for Alstom, and we continue to deepen this partnership by customizing mobility solutions for the country.”

We are committed to provide our unwavering support as an enabler in India’s growth story and help fulfill the government’s key ambitions of ‘Make in India’ and ‘Atmanirbhar Bharat’, he added.

Alstom aims to reach 85 percent localization on all domestic projects and increase process digitization to 20 percent by 2025. The company wants to make maximum use of renewable energy in industrial applications.


Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright Indian Lekhak Limited 2021. All Rights Reserved