Alstom to double manufacturing capacity in India, increase staff to 8,000

The company complains that restrictions by JICA as part of tied loans is affecting its business opportunities

French trainset and related systems manufacturer Alstom is planning to double its manufacturing capacity in SriCity, in Andhra Pradesh, to 480 train sets per annum in near future. The company will be increasing its headcount from current 5,000 people to 8,000 by March 2023, said Alain Spohr, MD, Alstom, India & South Asia.

However, the company said it is unhappy as it is being restricted from participating in certain tenders based on conditions put forth by funding agencies, and that it is not being considered as an Indian company.

Speaking at SriCity, where it today commenced manufacturing of rolling stock