GE to supply 1,000 locomotives to Indian RailwaysStaff writer ▼ | November 10, 2015
GE will invest $200 million to develop and supply Indian Railways with 1,000 diesel locomotives.
Transport in India GE will invest $200 million
The deal advances the Make in India initiative and reinforces India’s position as a global manufacturing destination.
The largest deal in GE’s 100-year history in India, the company will build a diesel locomotive manufacturing facility in Marhowra district in the Indian state of Bihar, as well as maintenance sheds at Bhatinda in Punjab and Gandhidham in Gujarat.
This effort is a major boost to India’s railway modernization efforts, and will provide skill development opportunities for local talent. ■