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Siemens will sell $3.2 billion worth of train rolling stock to India

World

17 January, 18:40

 The Indian Express newspaper reported on Tuesday that the German "Siemens" concern had signed a 3 billion euro (about 3.25 billion dollars) contract with the state railway company "Indian Railways," which provides for the supply and maintenance of freight trains.

"India needs high-tech, more efficient and long-lasting trains," the publication quoted the CEO of "Siemens Mobility" Michael Peter. He noted that earlier, India had its production of trains, but now they want to increase the reliability and speed of transport.

 

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