Delhi Metro Train Maker Bombardier is Eyeing Up to $1 Billion Business From India
Banking big on the governments thrust to boost infrastructure, global transportation player Bombardier is eyeing up to USD 1 billion business from India in the next five years from USD 300 million, at present, its chief Laurent Troger has said.
Bombardier counts India among top markets for its railway business and has invested over USD 100 million in the past two decades. The firm is also a collaborator in the governments ambitious Make in India drive and is the largest supplier of the Delhi Metro.
"We expect that in five years we will double our business in India. We can reach between USD 700 million and USD 1 billion... India, in the overall landscape of Bombardier Transportation, is a significant country. The climate now is very favourable, if we look for investment," Bombardi...