New Delhi: Alstom's upcoming manufacturing unit in Chennai, to supply coaches for the Chennai Metro, will be be completed by early 2013. The company, while celebrating the Centennial Year in India, is now keenly eyeing projects for refurbishment and manufacturing of locomotives. It is considering local partnerships for this. Alstom is also open to setting up a manufacturing facility for wind power equipment, in order to tap India's growing wind power market.
"It is a significant year for everyone at Alstom as we celebrate the Centennial Year in India. India is one of the top investment destinations for us," said Patrick Kron, Chairman and CEO, Alstom.
Alstom Projects India Ltd (APIL) is a majority owned subsidiary company of Alstom SA France. In India since 1910, the Alstom group employs close to 4000 people with a software technology facility at Bangalore , four manufacturing units (for Hydro equipments in Vadodara, Boilers in Durgapur and Shahabad and Transport equipments at Coimbatore). "The government’s increased focus on infrastructure development lends us visibility and market opportunities. The presence of all three businesses - Power, Transport and Grid - has further given us a competitive edge in the market," said Kron.
Commemorating 100 years in the country, Patrick Kron launched the 'Alstom Centennial Award for Technological Excellence' to honour outstanding achievements in the field of technological excellence and innovation. The award would be conferred either annually or biennially and carry with it a citation and a monetary value.
The theme of the Award and the scope of innovations covered are related to the businesses that Alstom is engaged in. Selected by a 'blue ribbon' group of luminary scientists and engineers, both Indian and European, the Award is an effort to strongly recognise technological excellence of an individual, company or community in a wider sense.
"Alstom’s role in enabling and developing India’s infrastructure has been well realized. We have grown to assimilate the needs of the nation as we go along with the progressive and growth-oriented nature of the market. Our topmost priority has always been and will always be to support government’s endeavor to meet the infrastructure needs of the country," said Sunand Sharma, Country President, Alstom India. |