Home 2015 September

Siemens, Alstom and Bombardier in JV

To mark first major FDI offer in the railways, three global companies have submitted financial bids for setting up of a modern electrical locomotive factory in Madhepura in Bihar at the cost of nearly `1300 crore. Siemens, Alstom and Bombardier in a joint venture will set up a factory which will manufacture 80 state-of- the-art […]