Patna, Oct. 11: Production of electric locomotives from Alstom's factory in Madhepura started today, a year ahead of schedule.
The first locomotive from the factory, around 240km east of Patna, will be ready for rollout early next year. The first five locomotives would be completed by 2019, followed by 35 locomotives by 2020, and 60 in 2021. After that, 100 locomotives a year will be manufactured till the target of 800 is met.
The project is a joint venture between Alstom, a French multinational company, and Indian Railways with a stake of 74 per cent and 26 per cent, respectively. Alstom will invest Rs 1,200 crore for this project that has come up on 250 acres of land.
The company is also setting up two maintenance depots at Saharanpur (Uttar Pradesh) and Nagpur (Maharashtra), in addition to a rolling stock and signalling design and engineering centre in Bangalore.
"The project is one of the most prestigious for Alstom worldwide and this feat is a commendable achievement for the entire company," said Jean-Francois Beaudoin, senior vice-president, Asia-Pacific region, Alstom. "The facility is a multimillion-euro investment by Alstom and is a proof of our commitment to infrastructure development in India."
He added: "To make a difference in this market, we need local expertise, competitive manufacturing capacity and close relationships with our customers. The commencement of production at the plant is a perfect testimony to our strategy to develop and grow a localised ecosystem to bring wide reaching benefits for railways and the community at large."
Alstom has employed 70 persons with plans to ramp manpower up by 25 per cent every year till the plant reaches full capacity.