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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]








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  Source: Bombardier Transportation via Thomson Reuters ONE
  


                            

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