Bombardier plans to invest Rs 230 crore in Gujarat unit
May 09, 2016
New Delhi
Leading transportation company Bombardier plans to invest Rs 230 crore in its manufacturing unit at Savli near Vadodara to meet the growing demand for metro cars in the country.
Bomardier Transportation’s Global President Laurent Trogger said this during his meeting with Urban Development Minister M Venkaiah Naidu here today.
The response of the transport major, maker of metro cars and planes, comes after Naidu urged Trogger to scale up the company’s participation in ‘Make In India’ drive, an official statement said.
In addition to supplying metro cars to Delhi Metro, Trogger said Bombardier was also exporting commuter cars to Australia and bogie components to Brazil, Saudi Arabia and Australia from their Savli metro car manufacturing and assembly unit.
About 70 per cent of products delivered to Delhi Metro are indigenous, he said.
Trogger also discussed issues relating to expansion of metro services in India with Naidu.
PTI
Recent Stories
- Diwali Food Safety Drive: AMC Seals Two Units, Fines Four Outlets ₹40,000
- HDFC Bank Gets Govt Nod to Offer Deposits Under Capital Gains Accounts Scheme
- GSSSB Announces Recruitment for 1,237 Class-3 Posts; Applications Open on November 5
- AMC to Hike Parking Fees; Proposed New Rates Here
- Mumbai Mayor Ritu Tawde Meets Gujarat CM Bhupendra Patel
- Holiday Inn Resort to Come Up in Sasan Gir