
Bombardier Transportation
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Bombardier Wins New Contract in Delhi to Deliver Further 74 MOVIA Metro Cars
IndustrialsIndustrial Goods & ServicesAerospace & Defense Additional contract validates Bombardier's new manufacturing site as a key factor in developing the Indian railway industry to world-class standards BERLIN, GERMANY--(Marketwire - June 30, 2010) - Bombardier Transportation announced today that it has won an order for 74 BOMBARDIER MOVIA metro cars from the Delhi Metro Rail Corporation Ltd (DMRC). The contract is valued at approximately 83 million euros ($101 million US) and includes an option of a further 40 cars. Delivery will follow the completion of existing contracts and is expected to end in 2011. With the contract award DMRC will be operating a large fleet of 498 MOVIA metro cars, benefiting from economies of scale in both acquisition and maintenance costs. The new achievement is a further milestone for Bombardier's railway vehicle manufacturing operations in India, part of a sound and swiftly implemented business expansion plan. The company signed its first contract with DMRC in July 2007, inaugurated its manufacturing plant in Savli, Gujarat in November 2008 and completed the local manufacturing of its first metro car in June 2009. Today over 160 of these MOVIA cars are successfully operating in Delhi's metro network. Stephane Rambaud-Measson, President, Passengers Division, Bombardier Transportation, declared: "We are delighted to receive this additional order from Delhi Metro. It is an excellent endorsement of our increasing industrial presence in India, which is growing from strength to strength." The recent industrial set-up at Savli, where MOVIA metro cars for DMRC are manufactured, is a landmark achievement by any standard. The site was built in a record 18 months involving a great deal of skill and co-operation from Bombardier teams in India and abroad. Providing a further impetus to the local economy and a testament to India's vast skills base, the site generated 750 new jobs and over 2,000 indirect jobs through the local supplier network. Rajeev Jyoti, President & Managing Director, Bombardier Transportation in India, said: "India's railway industry is expanding at great speed to keep up with the infrastructural requirements of the country. Having anticipated this growth, Bombardier in India is more than ready and willing to match the industry's needs in terms of products, technology and our international expertise. Making Vadodara the only city in the world equipped to deliver all key electrical and mechanical components for the manufacturing of a railway vehicle is a clear demonstration of Bombardier's local capacity and commitment." In the phase II expansion of the Delhi Metro, the modern MOVIA high-capacity vehicles will transport an impressive 4 million passengers every day, reducing their journey time and alleviating the heavy traffic congestion and pollution prevalent in the city. The phase II expansion extends the existing network to a total of 125 kilometres covering all major destinations in the East-West and North-South corridors of the city, which is occupied by approximately 16 million inhabitants. About Bombardier Metro vehicles The success of the MOVIA car is acknowledged by the majority of operators around the world. This is evident with more than 3,800 MOVIA metro cars ordered to date. Bombardier's expertise is proven as the world's largest supplier of metro cars transporting over 7 billion people every year using its metro cars in cities like New York, Montreal, Toronto, Paris, London, Berlin, Bucharest, Stockholm, Shanghai, Shenzhen, Guangzhou, New Delhi and many others. The MOVIA metro vehicles integrate the world's most advanced technologies in metro vehicle manufacturing, such as stainless steel car bodies and the reliable BOMBARDIER MITRAC propulsion and control system featuring IP technology. The MOVIA metros are developed from a standardized platform, which ensures a high degree of reliability, safety and maintainability while providing low life-cycle cost. Original, stylish and fully accessible, the MOVIA metro offers values and services that are second to none. Bombardier Transportation in India Bombardier Transportation has been present in India for over 35 years. It has supplied Indian Railways with technologically advanced rail products, such as the WAP5 and WAG9 electric locomotives for passenger and freight applications and the Mumbai Traffic Management System. This system controls the 60-km rail stretch around Mumbai - one of the world's busiest rail commuter traffic areas - on which Western Railways runs an impressive number of 1,000 trains every day on time and safely. More recently, Bombardier has been awarded contracts for the delivery of a second TMS for Central Railway in Mumbai, which will manage in excess of 1,400 services daily. Bombardier Transportation is steadily ramping up its presence in India. Savli, Gujarat is home to its new railway vehicle manufacturing site, propulsion systems manufacturing facility and software development center for signalling and traction applications in India and for other Bombardier Transportation projects around the globe. The propulsion systems site is ISO 9001, ISO 14001 and OHSAS 18001 certified. In Hyderabad, Andhra Pradesh, Infotech Enterprises operates one of the most important engineering centers already sourcing key global projects for Bombardier Transportation. About Bombardier Transportation Bombardier Transportation, a global leader in rail technology, offers the broadest portfolio in the rail industry and delivers innovative products and services that set new standards in sustainable mobility. BOMBARDIER ECO4 technologies - built on the four cornerstones of energy, efficiency, economy and ecology - conserve energy, protect the environment and help to improve total train performance. Bombardier Transportation is headquartered in Berlin, Germany and has a presence in over 60 countries. It has an installed base of over 100,000 vehicles worldwide. About Bombardier A world-leading manufacturer of innovative transportation solutions, from commercial aircraft and business jets to rail transportation equipment, systems and services, Bombardier Inc. is a global corporation headquartered in Canada. Its revenues for the fiscal year ended Jan. 31, 2010, were $19.4 billion US, and its shares are traded on the Toronto Stock Exchange (BBD). Bombardier is listed as an index component to the Dow Jones Sustainability World and North America indexes. News and information are available at www.bombardier.com Note to Editors A photo is available on our web site at: http://www.transportation.bombardier.com. BOMBARDIER, MOVIA, MITRAC and ECO4 are trademarks of Bombardier Inc. or its subsidiaries. Contacts: North America: +1 450 441 3007 Canada: Marc-Andre Lefebvre marc-andre.lefebvre@ca.transport.bombardier.com USA: Maryanne Roberts maryanne.roberts@us.transport.bombardier.com Germany, Austria, Switzerland, Central and Eastern Europe: +49 30 98607 1134 Heiner Spannuth,heiner.spannuth@de.transport.bombardier.com Nordic Countries: +46 10 852 5062 Jonny Hedberg,jonny.hedberg@se.transport.bombardier.com Russia: +7 495 775 1830 Alexander Bocharov alexander.bocharov@ru.transport.bombardier.com UK, Ireland, Australia, New Zealand, other countries: +44 1332 266470 Neil Harvey,neil.harvey@uk.transport.bombardier.com Benelux: +49 30 98607 1141 Janet Olthof,janet.olthof@de.transport.bombardier.com France: +33 6 07 78 95 38 Anne Froger,anne.froger@fr.transport.bombardier.com South Europe, Brazil and India: +35 1 919 693 728 Luis Ramos,luis.ramos@pt.transport.bombardier.com [HUG#1428470] This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. All reproduction for further distribution is prohibited. Source: Bombardier Transportation via Thomson Reuters ONE
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