Siemens to make India hub for mass transit solutionsSiemens AG, German multinational technology conglomerate plans to make India hub for mass transit solutions, company executives said today."The $3 billion large order (from Indian Railways) that we won, will for sure accelerate component and locomotive manufacturing here," said Peter Koerte, Chief Technology Officer and Strategy Officer, Siemens AG, adding that Siemens also has a site where it develops a lot of infrastructure solutions and wants to use India as a hub for mass transit solutions which is a huge opportunity.Early this year, Siemens signed a Rs 26,000 crore ($3.25 billion) contract with Indian Railways to supply and service electric locomotives for freight movement in India. The deal is the biggest locomotive deal in the history of Siemens Mobility and the single largest order for the company in India.As part of the agreement, Siemens will deliver 1,200 electric locomotives of high capacity 9000 horsepower (HP) and also provide servicing for 35 years to the Railways.The deliveries would be undertaken over an eleven-year period.Siemens said it has engineering capacities in India (30 factories) and wants to build and look at how it can develop this further for the region."We already have the Pune-Hinjewadi project with the Tatas. We are looking at expanding those once we have got a cookie cutter concept which you can replicate across the country," said Sunil Mathur Managing Director and Chief Executive Officer, Siemens Limited.Siemens Project Ventures GmbH (subsidiary of Siemens Financial Services) and TRIL Urban Transport (a Tata Group Company) have formed a joint venture under public private partnership route to develop the metro corridor from Hinjewadi to Shivajinagar in Pune, Maharashtra.The joint venture has formed a special purpose company called Pune IT City Metro Rail Limited. The order size of Siemens Limited is to the extent of around Rs. 900 crore.The 23.3 kms corridor with 23 stations will be the first metro project in India under the New Metro Rail Policy."We're building that up (Pune-Hinjewadi project) and continue to gain the experience from project management and technologies and we will continue on the skill sets required," said Mathur, adding that once Siemens gets a concept for India, hopefully it can offer it for the global global use as well.Siemens registers 100 digital use cases on Siemens Xcelerator; on-boards four ecosystem partnersRead more at:https://economictimes.indiatimes.com/industry/indl-goods/svs/engineering/siemens-to-make-india-hub-for-mass-transit-solutions/articleshow/104321402.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst (ICE MUMBAI)

Fonte notizia: Economic Times