Friday, July 11, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Banking & Finance

Alstom has invested Euro142m in India in five years

Fiinews by Fiinews
October 1, 2021
in Banking & Finance, Investment, Projects, Technology
Reading Time: 4 mins read
A A
0
0
SHARES
10
VIEWS
LinkedinShare on Twitter

0:00

Alstom aims to reach 85% localisation on all domestic projects by 2025

India has always been a pivotal market for Alstom, which has invested Euro142 million (Rs.12,556 million) locally in the last 5 years and remains committed to provide unflinching support as an enabler in the country’s growth story. It wants to help fulfil the government’s key ambitions of ‘Make in India’ and ‘Atmanirbhar Bharat’.

Underlining the commitment, Alain Spohr, Managing Director – Alstom India, said, “We continue to deepen this partnership by customizing mobility solutions for the country.”

Spohr released Alstom’s first India Impact Report in partnership with Ernst & Young. The report captures the socio-economic contributions and ESG goals by Alstom in India until end of March 2021.

“We are delighted to share the impact and contribution of our presence in India via this report, especially in the areas of job creation, sustainability, and to the larger community. All this is reflective of the hard work and dedication of our people, and all our stakeholders in this extraordinary journey,” he said.

Cecile Texier, VP Sustainability & CSR, Alstom, added, “For almost 30 years, Alstom has partnered with India in the modernisation and development of its transportation revolution, making it safer and more sustainable. And going forward, we aspire to positively influence the Indian market with our products and operations.”

The report highlights Alstom’s outlook and economic contribution made in India.

Outlook for Alstom India:

• Alstom will continue strengthening its contribution to socio-economic impact and ESG (Environmental, Social and Governance) goals.

• By 2025, Alstom aims to reach 85% localisation on all domestic projects and increase digitalization of processes by 20%.

• The company will accelerate its move to maximum usage of Green and Renewal Energy in Industrial operations and 100% of newly developed solutions will be eco-designed.

• Through its CSR initiatives, the company plans to reach 100,000 direct beneficiaries.

The expanded Alstom in Motion (AiM) 2025 strategic plan will focus on leveraging the group’s reinforced product lines and geographical presence, commit to accelerate smart and green mobility innovation with important R&D investments, and will extend its operational excellence efforts to a new scale.

Alstom India buys Euro331 million worth of goods and services, among which 75% is made with Indian suppliers. In addition, the group with international network has conducted 21 technology transfers across Alstom locations to suppliers and other partners.

As of March 2021, Alstom had 7,634 direct employees in India. Additionally, the company has supported 71,340 indirect and 27,770 induced jobs across the country. The company is committed to improving its diversity ratio and plans to include 28% women in management, engineering and professional roles by 2025, while retaining its position as a Top Employer.

In comparison to the high CO2 emissions from cars (79.5 gCO2/passenger.km), Alstom’s metro trains in India emit only 7.9 gCO2/passenger.kms. Similarly, the electric locomotives (e-Locos) deployed for high-speed freight transportation in India, emit 13.4 gCO2/ton.km of CO2, while goods trucks account for 92.3 gCO2/ton.kms.

Alstom’s eco-design approach focuses on continuously improving the sustainability of its solutions by tracking and minimising their environmental impact throughout their life cycles. For example, the mass of materials and components used in manufacturing rolling stock for Mumbai Metro Line 3 are 96% recyclable and 99% recoverable.

Alstom is committed to limiting the environmental impact of its operations in India and worldwide. As a part of its Green Energy Strategy, Alstom is also investing in linking renewable energy production systems to its locations, such as at the Sri City facility, where 1 MW of solar energy generation capacity has been built.

The project will result in an annual reduction of 1,132 tonnes of CO2 emissions and reducing non-renewable energy consumption by 30% (by the end of 2021).

Leading societies to a low carbon future, Alstom develops and markets mobility solutions that provide the sustainable foundations for the future of transportation. Alstom’s products portfolio ranges from high-speed trains, metros, monorail, and trams to integrated systems, customised services, infrastructure, signaling, and digital mobility solutions.

Alstom is the only multinational sustainable mobility provider in India, to have a comprehensive portfolio of offerings to meet customer specific needs, from cost-efficient mass-market platforms to high-end technological innovations. Synonymous with the country’s ‘Rail Revolution’, Alstom continues to be a strategic partner in supporting India’s freight revolution and passenger movement. With 6 industrial sites and 4 major engineering centers, the company not only caters to domestic project needs, but also delivers for many international projects.

Supporting the government’s modernization initiatives, Alstom has been at the forefront of introducing several breakthrough technologies in India with world class rolling stock, rail equipment & infrastructure, signaling, and services. Fully aligned with the country’s vision of Make-in-India and Atmanirbhar Bharat, Alstom remains deeply committed to strengthening its local sourcing and supply chain ecosystem. #investment #projects #economy #technology #environment #climate /fiinews.com

Tags: Alstom
ShareTweetShare

Related Posts

PIB
Projects

Project: Mindset change is critical for innovation

by Fiinews
July 11, 2025
0
12

Resident Indian patent filings surged by 56% Minister of State for Science & Technology Dr Jitendra Singh says a change...

Gidco Re Tender Notice
Projects

Project: 4,000% in installed solar capacity

by Fiinews
July 11, 2025
0
13

Minister calls for enhanced collaboration among stakeholders India’s installed solar capacity has increased 4,000%, taking the renewable energy capacity to...

PIB

Project: EV policies part of climate goals

July 11, 2025
11
Ansrsource With Tagline

Tech: ansrsource-ANSR reshape talent across India

July 11, 2025
18
Infogain

Tech: Infogain launches GCC solutions in India

July 11, 2025
18
Delivery Of Nistar To Indian Navy

Project: Nistar delivered to Indian navy

July 11, 2025
16
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Project: Mindset change is critical for innovation
  • Project: 4,000% in installed solar capacity
  • Project: EV policies part of climate goals
  • Tech: ansrsource-ANSR reshape talent across India
  • Tech: Infogain launches GCC solutions in India

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.