The joint venture between France headquartered Alstom and State-owned Indian Railways now operates a locomotive factory on a 250 acre lot, in Madhepura, 175 miles northeast of Patna, the capital of India's northern state of Bihar. Earlier this year, the JV showcased its first all-electric locomotive constructed here -- India’s first...
Alstom to Double its Business in India
Feeling positive about the government's Make in India initiative, French engineering and transport company Alstom of France will double its business in the country to almost $1billion in the next three years. "We love doing business in India. We are finding good business environment in India. We are looking at...