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in the biggest locomotive deal in history Siemens has signed a 3.25 billion dollar contract to supply India with its service freight trains Siemens Who deliver around 1200 electric locomotives and provide service for 35 years under the agreement which is the biggest ever in India the company has designed 9000 horsepower trains with a top speed of 100 and 20 kilometers per hour that will be assembled in India over the next 11 years with deliveries starting in the next 24 months the new locomotives would easily be able to replace 500 000 to 800 000 trucks over their life cycle as stated by Siemens Mobility CEO Michael Peter keeping demand in mind New Delhi is Keen on increasing Freight transports to 40 to 45 from its current 27 percent while Siemens six this opportunity to increase the revenue that India deal comes as another bumper contract for the German engineering company after signing a contract with Australia in December last year Leon is now available in your country download the...
