 "Delhi Metro. Photo: PTI")
Drawn to India by an explosion in metro-rail projects, Alstom SA and Bombardier Inc are now poised to use the nation known for being the world's back-office as a manufacturing export hub.
The French and Canadian multinationals set up manufacturing and engineering operations between 2008 and 2010 to tap into India's rapidly-growing urban transportation market and will now export to Australia, the West Asia and other part of Asia from these facilities, company officials said. PricewaterhouseCoopers estimates total investments in subway projects will reach $230 billion in Asia over the next 15 years.
Alstom and Bombardier want to
The French and Canadian multinationals set up manufacturing and engineering operations between 2008 and 2010 to tap into India's rapidly-growing urban transportation market and will now export to Australia, the West Asia and other part of Asia from these facilities, company officials said. PricewaterhouseCoopers estimates total investments in subway projects will reach $230 billion in Asia over the next 15 years.
Alstom and Bombardier want to
