Home / Companies / News / Alstom, Medha, Siemens in race for Rs 26,000-crore Vande Bharat order

Alstom, Medha, Siemens in race for Rs 26,000-crore Vande Bharat order

At least 4 of the five bidders have formed JVs for the Rs 26,000-crore order

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So far, five pairs of Vande Bharat trains have been introduced in a span of months

3 min read Last Updated : Nov 30 2022 | 10:16 PM IST

Alstom India, Medha Servo, Titagarh Wagons, and Siemens are among the five bidders for a Rs 26,000-crore order by the Indian Railways to manufacture 200 lightweight Vande Bharat trains, Business Standard has learnt. Russia’s Transmashholding (TMH) is the fifth bidder.

The closure of the technical bids for the mega tender kickstarts the process of rolling out 400 Vande Bharat trains over the next three years, as announced by Finance Minister Nirmala Sitharaman in her Union Budget 2022 speech.

At least four of the five firms that have submitted the bids have formed consortia to participate in the tender. While Medha

Topics : Alstom Medha Siemens Vande Bharat Express Indian Railways Vande bharat Vande Bharat train Titagarh Wagons Titagarh Wagons and Texmaco Union Budget

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